Barack Obama was elected President of the United States last night with an overwhelming mandate in the Electoral College. Previously safe Republican states swun... Read More >
The Rand retraced some of its recent weakness against Dollar and Sterling as risk aversion ebbed back into the markets. We predict a stabilising of Rand for the... Read More >
Despite an ISM manufacturing figure that was the worst in 26 years USD strengthened significantly against GBP and EUR yesterday. The figure however did not affe... Read More >
We may look back at last week and wonder if it was the moment the tide turned. It is more likely that the bullish performance can be attributed to month end por... Read More >
The Federal Reserve slashed its benchmark lending rate by 50 basis points to 1% in a unanimous move overnight. This saw the dollar slide for its largest one day... Read More >
Trading was frantic yesterday as the market braced itself for the Fed rate decision due out this afternoon. US equities surged late in the day to their second l... Read More >
The Rand fell to spectacular levels against major partners throughout last week. This was due to the risk aversion evident throughout the emerging markets which... Read More >
Equities bourses dominated direction among major currencies yesterday. Japans Nikkei 225 hit its lowest close in 26 years, as importing stocks were sold off due... Read More >
It was the perfect storm for Sterling on Friday, with the release of the Q3 GDP figure inciting the biggest daily fall against the Dollar, and causing Sterling ... Read More >
Fridays UK GDP figure capped another remarkable week in the currency markets; the precipitous weakening of Sterling returning it to levels not seen for 6 years ... Read More >