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  • Picture: Christa Eybers/EWN

    Rand firms on US-China trade optimism

    Investor sentiment had been dented by the escalating trade spat between the United States and China, as focus turns to this month’s Trump-Xi meeting.

  • Picture: EWN

    Rand slips as investors pocket end-of-week profits

    The rand rallied to R13.8700 on Wednesday following the US midterm elections, breaking through the R14.00 long-term resistance level for the first time in two months, lifted by a return of global risk appetite.

  • Picture: Christa Eybers/EWN

    Rand firmer as US election verdict dents dollar

    The rand is down nearly 15% against the greenback this year, but has made strides in recent weeks due to a return of global risk appetite and easing of local political concerns.

  • Picture: EWN

    Rand under pressure before US midterm elections

    The rand remained under pressure as markets favoured caution ahead of US midterm Congressional elections, as policy decisions that could sway the economy, corporate decision-making and consumer spending hinge on the results.

  • Picture: Supplied

    Rand weaker as risk appetite muted

    Uncertainty over Brexit negotiations, Italy’s free-spending budget and fears over Saudi Arabia’s diplomatic isolation were among factors denting appetite for emerging market assets.

  • Picture: Supplied.

    Rand retreats due to hawkish Fed, mining data ahead

    The rand retreated early on Thursday after minutes from the US Federal Reserve’s September meeting struck a hawkish tone, draining some of the enthusiasm for emerging currencies that lifted the local unit to a two-week peak.

  • Picture: EWN

    Rand steady as dollar struggles, stocks to open lower

    With breathing room building between the R15.00 top and a close below the R14.50 technical barrier in the face of continued uncertainty over the impact of the trade war between Washington and Beijing, traders said the rand could soon test the R14.00 mark.

  • Picture: EWN

    Rand firmer, stocks down in early trade

    The rand firmed against the dollar in early trade on Monday as markets digested news that ratings agency Moody’s opted to hold off publishing a review of the country’s debt on Friday, 12 October, as planned.

  • Picture: Christa Eybers/EWN

    Rand steady in early trade

    The rand was steady early on Wednesday, after strengthening the previous day on news that President Cyril Ramaphosa had appointed former central bank governor Tito Mboweni as Finance Minister.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand weaker on report Nene asked to be sacked

    The rand was weaker early on Monday, after the 'Business Day' newspaper cited government sources as saying that Finance Minister Nhlanhla Nene had asked President Cyril Ramaphosa to sack him.

  • Picture: EWN

    Rand weakens after World Bank cuts growth forecast

    Investors remain skittish on the rand following the announcement on 21 September of a stimulus programme that will see a reallocation of the budget but does not involve an injection of new cash.

  • Picture: Supplied

    Rand recovers as emerging market slump eases

    The rand remained under pressure as retail price of petrol in South Africa rose by R1 per litre as the weakening exchange rate and increases in the prices of crude oil continues to be the focus.

  • Picture: EWN

    Rand remains under pressure

    The rand remained under pressure as new vehicle sales data for September showed a 1.9% decline on Monday, reflecting weak demand in the economy.

  • Picture: Christa Eybers/EWN

    Rand retreats in early trade

    The currency is expected to trade between R14.0500 and R14.3500 to the dollar on Monday, NKC African Economics wrote in a note.