Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE The Rand is currently in tight ranges and it seems that the currency is quite comfortable trading in the R13.65 – R13.90 range with the latest round of events not moving the Rand out of these ranges mentioned above.…

Details

Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE Yesterday we saw the Rand continuing to trade in narrow bands with a slight strengthening trend. Much of the strength came in a little burst in the middle of trading when it came to light that President Ramaphosa stated…

Details

Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE Another subdued day of trading with the Rand trading in very tight ranges with a slight strengthening bias. The Rand is currently sticking to the narrative that there is a slight EM bias at the moment due to the…

Details

What a start to 2019!

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE What a start to 2019! The Rand has started 2019 like a house of fire and is 3.5% stronger against the US dollar. The move is mainly the result of off-shore events, which makes this move sentiment driven, and as we all know sentiment can change at the drop of a hat. The two…

Details