Sitting, Waiting, Wishing

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Sitting, Waiting, Wishing It seemed that the Rand was in a post-Moodys hangover mode last week, where everything happened a little slower than normal. The Rand traded within in tight ranges on a very sparse data and event week. However, the Moody’s decision brought about positive sentiment in the market and we a believe…

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The Rand could be a bit, Moody

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE The Rand could be a bit, Moody The Rand has finally found some sort of consistency in March after the very bumpy rollercoaster ride of January and February and seems to have settled in the broader range of R14.10 to R14.50 looking for fresh direction. The last few weeks have been tough for the…

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The world economy in focus!

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE The world economy in focus! Over the past couple of years, we have seen the phrase Global Growth Concern enter the market, first spooking the market, and then seeping into the background before raising its head again.  The phrase came about after the Central Banks, which participated in QE, needed growth to be robust for them to…

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US-China trade talks back in focus

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE US-China trade talks back in focus So far this year has been a year of two months, with the Rand the best performing currency in January to the worlds worst performing EM currency in February. While the Rand had its own dramas during February, with the Budget Speech and load shedding to name…

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