The rand extended its recent gains during yesterday’s session, supported by a softer U.S. dollar and improving global risk sentiment
Continue readingDaily Dose: 09 July 2026
I had written much of the commentary below, yesterday morning, but with the increase in tensions in Iran/Hormuz my morning started off with a rather distressing bang
Continue readingDaily Dose: 08 July 2026
As mentioned yesterday, the rand was likely to trade in a very tight range unless there were any geopolitical events of note
Continue readingDaily Dose: 07 July 2027
Yesterday was a very subdued day of trading for the rand
Continue readingDaily Dose: 06 July 2026
On Friday, the rand had a subdued day prompted by the close of the US markets for Independence Day
Continue readingDaily Dose: 01 July 2026
A week since my last commentary and a lot of water being tread. Fortunately, no sharks have come for a nosey look yet, although it feels like they on the periphery
Continue readingDaily Dose: 01 June 2026
On Friday, the rand had a good day trading from an opening level of 16.23 to a low of 16.18
Continue readingDaily Dose: 04 May 2026
Already the 4th of May and we see no progress in the Middle East crisis
Continue readingDaily Dose: 01 April 2026
The selloff in the gold price has stalled ahead of the psychologically-important 4,000 level and near the 200-day moving average (currently near 4,110) with a feather cluster of support near 3,800-3,900 (trendlines), and given this plethora of support, we are looking for an uptrend in gold
Continue readingDaily Dose: 02 March 2026
Although the ZAR is under pressure this morning, one day does not make a new trend, and we are focusing on the larger trends underway
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