Forex News » South African Rand

South African Rand Climbs on Commodities Rebound

Jan Baros — Mon, 08 Feb 2010 21:56:17 +0000

After a bearish last week that forced emerging market currencies down versus refuge investments in the U.S. and Japan, risk appetite returned timidly today, allowing the South African rand to climb as commodities rebounded.(...)
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South African Rand Advances on Metallic Commodities

Jan Baros — Mon, 04 Jan 2010 18:10:51 +0000

This year started with a growing demand for metallic commodities as investors expect that the global economic recovery will rise industries’ needs for raw materials, helping the South African currency to start the year bullish.(...)
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South African Currency Up on Risk, Capital Repatriating

Jan Baros — Tue, 29 Dec 2009 17:38:24 +0000

The South African rand was one of the best performing currencies today in foreign-exchange markets as appeal for higher-yielding commodity exporter currencies was high, providing support for the rand to beat even an attractive dollar in today’s session.(...)
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South African Rand Advances on Demand for Metals

Jan Baros — Thu, 24 Dec 2009 17:52:38 +0000

The South African rand touched a one-week high versus the U.S. dollar today as demand for several commodities produced in the country emerged, providing support for the African nation’s currency to advance despite negative speculations.(...)
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South African Rand Down as Greenback Appeal Rises

Jan Baros — Mon, 21 Dec 2009 17:23:41 +0000

The South African rand continued a decline that set it to the lowest rate in almost two months as a greenback rebound is decreasing attractiveness for high-yielding emergent market currencies.(...)
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South African Rand Remains Bullish on Dubai Optimism

Jan Baros — Mon, 14 Dec 2009 22:59:54 +0000

The South African rand extended gains from last week as concerns regarding Dubai’s debt declined today, providing support for risk fueled traders to purchase assets in emergent markets and commodity linked countries like South Africa.(...)
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South African Rand Down on Commodities, Dubai Debt

Jan Baros — Fri, 27 Nov 2009 00:03:46 +0000

TAfter Dubai announced that it intends to delay debt payments, emergent markets and commodities fell worldwide, declining attractiveness for the South African currency in foreign-exchange markets this Thursday.(...)
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Rand Advances as Recession Officially Ends

Jan Baros — Tue, 24 Nov 2009 13:47:22 +0000

The South African rand, one of the best performing emergent market currencies in 2009 fueled by a commodities prices rally, extended its gains further today as a report published showed that the country’s economy returned to growth, adding attractiveness for the already winning rand this year.(...)
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South African Rand Down on Rally Concerns

Jan Baros — Fri, 20 Nov 2009 18:58:50 +0000

The South African rand had the first week of decline this month as speculations suggested that the currency’s rally could be a problem for the country’s economic future.(...)
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Gold Hits Record High Pushing South African Rand Up

Jan Baros — Mon, 09 Nov 2009 17:05:54 +0000

South Africa is one of the world’s largest precious metals producers, and today, as the gold and platinum rose in a session of strong risk appetite, the African nation witnessed a strong bullish pattern in its currency’s chart, as optimism among traders increased.(...)
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