USD/ZAR BMF Futures - May 24 (AFRc1)

18,797.00 +0.00 (+0.00%)
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USD/ZAR BMF Futures Analysis

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    Instaprofits

    Market scorecard US markets took a hit yesterday after higher-than-anticipated US inflation data reinforced the notion that the Federal Reserve won't be quick to reduce interest rates....

    • Vestact
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    Russ Cooking

    Market scorecard US markets edged higher yesterday, after a challenging session. The S&P 500 fell precipitously soon after the opening bell, but managed to recover and surpass the 5...

    • Vestact
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    Rand Reaches Three-Month High

    Tuesday saw the rand reach its highest level in three months, while gains on the FTSE/JSE All Share Index were led by commodities. The local currency strengthened against the US dollar,...

    • Adriaan Pask
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    Weak USD and Strong Gold Boosts ZAR

    Over the past week, the South African Rand (ZAR) increased significantly against both the USD and the British Pound (GBP). The currency was mostly driven by a weaker USD and a robust gold...

    • Sable International
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    Rand Has Double-Week Gain as the US Dollar Falters

    Welcome to our first issue of the Weekly Rand Review for April, as we pick up the pieces after the Easter long weekend.And for the second week, the Rand managed to make some gains against...

    • Dynamic Outcomes Rand Forecast
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    Market eclipsed

    Market scorecard US markets started the week on a quiet note, with major indices little changed yesterday. A solar eclipse across the middle of the US stole the limelight, and both the...

    • Vestact
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    Sasol Prompts JSE Higher

    The local bourse channelled firmer global counters on Monday, as markets staged a recovery after better-than-expected US jobs data convinced investors to defer forecasts for when the first...

    • Adriaan Pask
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    Regulators take a swipe

    Market scorecard US markets ended the week on a positive note following Friday's release of much better-than-expected payroll data. Even though the report shifted expectations of an...

    • Vestact
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    Winning in Vegas

    Market scorecard US markets were marginally higher yesterday as Fed Chairman, Jerome Powell, reiterated his expectation of some interest rate cuts this year. Just after the market open,...

    • Vestact
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    Rand Strengthens after SARB Kept Rates Unchanged

    The rand strengthened on Wednesday as the South African Reserve Bank (SARB) kept interest rates unchanged, as anticipated. The monetary policy committee kept the repo rate at 8.25%, the same...

    • Adriaan Pask
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    Gold and Harmony

    In our last Confidential Report, published on 6th March 2024, we drew your attention to the fact that the US dollar price of gold was about to break up through a critical resistance level at...

    • Katherine Barber
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    Rand Stable Despite Global Turmoil

    Over the past week, the South African Rand (ZAR) maintained stability, fluctuating within a limited range. The currency consistently traded between R23.75 and R23.95 against the British...

    • Sable International
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    Rand Roars Back as Gold, Bitcoin and S&P500 Hit New Highs

    Welcome to another pulsating Weekly Rand Review as we track the South African currency's performance headed into more March madness.And Wow!What a week for the Rand, as it continued to power...

    • Dynamic Outcomes Rand Forecast
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    Rand Firmer as Sentiment Continues to Improve

    The FTSE/JSE All Share Index (ALSI) was little changed at 0.04% on Thursday as solid gains in resource-linked companies, especially gold miners, were partially offset by weakness in...

    • Adriaan Pask
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    Correct correction approach

    Market scorecard US markets closed in the green yesterday following encouraging remarks from Fed chief Jerome Powell. The US central bank is on track to cut interest rates sometime this...

    • Vestact
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    JSE Strengthens as Global Sentiment Improves

    The local bourse rose 1.85% on Wednesday, marking its highest increase in over two months, while the rand remained stable below R19/$ for the second consecutive session, reaching an intraday...

    • Adriaan Pask
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    Apple's fine

    Market scorecard US markets dropped yesterday, dragged down by weakness in big tech stocks. Nvidia (NASDAQ:NVDA) stood out as the only winner amongst that group, and is now up 74% in...

    • Vestact
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    Rand Firms after Local Economy Grows by 0.10% in 4Q23

    The local bourse ended 0.54% lower while the rand firmed below the R19/$ mark after South Africa's economy experienced a slight improvement in the final quarter of 2023, narrowly avoiding a...

    • Adriaan Pask
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    Rand's Rollercoaster Bounce-back Amidst US Mixed Signals

    Welcome to another issue of our Weekly Rand Review, as we as take you through another humdinger of a week for the South African Rand.Still suffering from a hangover after the market's...

    • Dynamic Outcomes Rand Forecast

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