More volatility to come

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE More volatility to come! It is only the middle of February, and we have already seen two big Rand moves. The first was the Rand moving from R14.60 to R 13.20 at the beginning of the year, as EM became fashionable again, and then the latest move where the Rand gave away nearly…

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Things might get interesting!

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Things might get interesting! What a January for the Rand recording its best trading in recorded history! We started the month on the back-foot with the Rand trading above R14.50 and ended the month within touching distance of R13.20. This about-turn was mainly done on the back of EM-sentiment as EM’s became the flavour…

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Could it be?

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Could it be? The beginning of 2019, has a bit a deja vu to it if we compare it to the January of 2018. In both cases, we saw the Rand strengthen quite significantly in January, but the causes of the run are markedly different. In 2018 we had the wave of Ramaphoria…

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Rand range bound, but for how long?

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Rand range bound, but for how long? The Rand has made an impressive start to the year, with the currency trading as low as the mid- R13.60’s after starting the year comfortably about the R14.50 level. The main reasons for the Rand rally have been analysed close to death now, with the dovish…

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