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Rand gains as Fed signals fewer hikes for 2019With little domestic data and tepid market activity, the South African currency is tracking global trends this week.
Source: ewnupdates - 🏆 30. / 53 Read more »
MARKET WRAP: Rand remains firmer following US Fed newsUS Fed chair Jerome Powell confirms that 2019 will see two, not three, rate increases
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand, assets firm on Fed chief's 'patient' commentsMarkets are now pricing in no further rate hikes by the Fed this year, an outcome which would be supportive for emerging market currencies like the rand.
Source: ewnupdates - 🏆 30. / 53 Read more »
South Africa’s rand falls to 3-month low in global selloff, recovers slightlyBusiness| The rand tumbled to its weakest in three months on Thursday, as emerging market currencies were hit by a wave of risk aversion as fears about global growth intensified.
Source: City_Press - 🏆 7. / 72 Read more »