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  • Picture: Supplied

    Rand edges weaker as investors await next catalyst

    The rand had a stellar start to 2019, gaining around 9% against the greenback, aided mainly by a global push for emerging market assets that was accelerated by last week’s dovish message by the United States’ central bank.

  • Picture: Supplied

    Rand backtracks after Fed surge

    The rand weakened early on Friday, giving up some of the ground it gained after a Fed-inspired surge to a six month high, with weak economic data from China dampening risk demand and igniting some profit-taking.

  • Picture: Supplied.

    Rand slips after post-Fed surge

    The rand has enjoyed a bumper start to 2019, rallying more than 7% against the US currency, mainly because of expectations that the Fed would slow the pace of its monetary policy tightening.

  • Picture: EWN

    Rand edges lower in cautious early trade

    The rand has struggled to hold recent gains below the R13.60 technical resistance mark and is seen by traders drifting within a narrow range, with a topside target of R13.70.

  • Picture: EWN

    Rand firms as risk-taking offers support

    The South African currency has taken its cue from global drivers for much of this month, first from expectations that the pace of US monetary tightening will slow this year and more recently from concerns over global growth.

  • Picture: Christa Eybers/EWN

    Rand recovers before inflation data

    The rand recouped some of the previous day’s losses early on Wednesday, before the release of inflation data which is expected to show a significant slowdown in price rises for consumer goods.

  • Picture: Christa Eybers/EWN

    Rand weakens on risk aversion

    The rand weakened against the dollar in early trade on Tuesday, still reeling from concerns about weakening global growth and data that showed China’s economy slowed sharply in 2018.

  • Picture: EWN

    Rand steady in early trade

    The rand traded steady against the dollar on Friday, after slipping in the previous session following the central bank’s less-hawkish tone and decision to leave interest rates unchanged.

  • Picture: Christa Eybers/EWN

    Rand marginally lower ahead of rates decision

    All 27 economists polled by Reuters had predicted the central bank would keep the rate unchanged at 6.75%, but said a hike was likely in May due to rising inflation.

  • Picture: Supplied

    Rand little changed, eyes on retail sales data

    The rand was little changed against the dollar in early trade on Wednesday amid uncertainty over Brexit and as market participants awaited the release of local retail sales data for clues on the health of the domestic economy.

  • Picture: EWN

    Rand steadies against dollar in early trade

    The South African currency has started 2019 on the front-foot, rallying more than 3.5% against the dollar. But it remains vulnerable to swings in global risk appetite as well as uncertainty surrounding this year’s parliamentary election.

  • Picture: EWN

    Rand flat in early trade

    The rand was helped by optimism following trade talks between the United States and China, while the dollar remained under pressure after Federal Reserve policymakers signalled they were becoming more cautious about future interest rate hikes.

  • Picture: Christa Eybers/EWN

    Rand firms on US-China trade deal optimism

    The rand’s gains were linked to growing optimism that the world’s two largest economies will strike a deal to avoid an all-out confrontation that would severely disrupt global trade.

  • Picture: Pixabay.com

    Rand slips in early trade

    Similar falls were seen in other emerging market currencies like the Russian rouble and Turkish lira.

  • Picture: Christa Eybers/EWN

    Rand consolidates gains after dollar dip

    With little on the local data front, the rand has looked to offshore events for direction, and has seen volatile trade with swings in the dollar setting the tone.

  • Picture: EWN

    Rand up 1% on US rate cut bets

    With little on the local data front in the first week of the new year, the rand looked to offshore events for direction, and has seen volatile trade with swings in the dollar setting the tone.