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Rand inches ahead against vulnerable dollar
Technical and momentum indicators suggested the rand was slightly oversold in the past few sessions and would move firmer toward a resistance level at R11.80, paving the way for further gains later in the week.
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#RandReport: Rand weaker as S&P warns on economic headwinds
At 1531 GMT, the rand traded at R11.6550 per dollar, 0.3% lower than its overnight close of R11.6200.
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Rand at one-month peak after Moody's rating reprieve
Moody’s late on Friday affirmed South Africa’s debt at ‘Baa3’, saying the previous weakening of national institutions was gradually reversing which supported an economic recovery.
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Rand slightly firms ahead of Moody's review decision
Moody’s rates the South Africa’s foreign and local currency debt on their lowest investment grade rung of Baa3.
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Rand slips as market awaits Moody's review
All but two of the 18 economists polled by Reuters this week said South Africa would avoid a credit rating downgrade by Moody’s, which rates the country one notch above junk.
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#RandReport: Rand firmer ahead of Fed, stocks inch up
All but two of the 18 economists polled by Reuters this week said South Africa would avoid a credit rating downgrade by Moody’s when it publishes its review on 23 March.
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Rand weaker as rally stalls on global trade war worries
The appointment of conservative economic analyst Larry Kudlow as Trump’s top economic adviser, which suggests trade tensions with China could escalate, added to investor nervousness.
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Rand edges firmer ahead of manufacturing data
Manufacturing data for January due at 1100 GMT is expected to show the sector expanded 2.5% year on year.
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Rand steady, stocks set to open higher
The currency is expected to take cues from overseas trends in the absence of domestic drivers.
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Rand flat as Trump trade war continues to weigh
The rand has been under pressure all week as the spot prices of precious and industrial metals such as gold, platinum and iron ore have fallen due to the concern’s over US President Donald Trump’s plan.
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#RandReport: Rand slips as trade war fears hit commodity exporters
Spot prices precious and industrial metals, such as gold, platinum and iron ore that form a large chunk of South Africa’s export revenue were all down on the day.
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Rand slips as trade war fears hit commodity exporters
The departure of a high-ranking economic aide to Trump on Tuesday renewed fears of a global trade war and taken the sheen off unexpectedly positive local economic growth figures.
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Rand falls slightly amid global trade war fears
Dealers feared the departure of White House economic adviser Gary Cohn would embolden protectionist forces in the US administration as Trump tries to impose hefty tariffs on steel and aluminium.
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Rand falls, stocks set to open lower
The rand extended losses suffered on Friday as investors dropped riskier assets for safer investments on the back of the threat of a global trade war sparked by US President Donald Trump’s tariff plan on steel.
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Rand firms ahead of ANC meeting on Zuma's fate
The rand has strengthened on signs that Zuma could be ousted even before his second term as president ends in 2019, and might become firmer if the NEC demands his resignation at the meeting.
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#RandReport: SA stocks post worst week in 2 years, rand drops
At 15.10 GMT, the rand traded at 12.0825 per dollar, 2.05% weaker than its New York close on Thursday.
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Rand weaker ahead of Eskom corporate results
The currency breached the psychological R12 per dollar last week for the first time since mid-2015 as expectations of economic reforms boosted sentiment towards local assets.
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Rand pauses rally, weakens 0.25%
The currency has surged since Cyril Ramaphosa won the race to succeed Jacob Zuma as ANC leader last month, putting him in pole position to become the country’s next president.
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Rand retreats as dollar rebound overshadows local politics
The currency has traded in a narrow range in the week, leaning towards losses as it retraced the sharp gains in the final weeks of 2017 that saw it race to 2-1/2 year highs.
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#RandReport: Rand gains on Zuma exit rumours
Rumours that President Jacob Zuma had stepped down spurred a temporary rally in the currency against the greenback.
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Rand slips as investors book profits
The rand has seen volatile trade in the first week of the year after a stellar 2017 that saw it rack up gains of 11% against the greenback.
