Rand trades stronger overnight

The rand languished around a five-month low against the greenback on Friday as risk-off mood carried over the new session, as Delta-related global growth concerns, Fed taper talk and the impact of tighter regulations from Beijing weighed on sentiment, according to NKC...

Rand weakens on hawkish Fed minutes

The rand eased as the US dollar firmed in anticipation of a hawkish Fed minutes, which is due for release soon, according to NKC Research. Promising to be the highlight of the day, all attention will be directed towards the release of the minutes from the June FOMC...

Rand consolidates its Friday gains in overnight trading

The rand swung according to the direction of global winds as markets delved deeper into the US non-farm payroll report, according to NKC Research. Once the payrolls report was out of the way though, activity showed signs of quickly thinning as market participants...

Rand stronger as dollar rally stalls

The rand opened slightly stronger on Monday as a rally in the dollar stalled following a surprise hawkish shift from the US Federal Reserve last week. The rand lost more than 4 percent against the dollar last week as the Fed brought forward its projections for...