Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: As we warned yesterday, US holidays are usually a signal for a quiet market day, but every now and again a knee-jerk happens due to low liquidity conditions. Yesterday was one of those days and the Rand almost reached…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: The Rand came under pressure at the end of last week, with the Us dollar trading stronger after the Fed indicated that they are steadfastly continuing on their rate hiking course. This has seen the US dollar on the…

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Village Main Reef appoints TreasuryONE as their Treasury Outsourcing Services Provider

Village Main Reef appoints TreasuryONE as their Treasury Outsourcing Services Provider TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it is providing a broad range of outsourced professional treasury management services to Village Main Reef (VMR). All treasury functions will be processed using the world-class IT2 treasury management system to schedule,…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: The Rand has retreated to above the R14.00 level, as the mid-term knee-jerk seems to have run out of steam. Looking at the market reaction as a whole it mostly stuck to the script when investors predicted the outcome…

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