Rand weakens tracking euro; bonds still firm

The South African rand weakened against the dollar on Monday, tracking a weaker euro after the Swiss National Bank’s move last week to scrap the cap on the value of its currency fuelled talk of imminent quantitative easing in Europe

Rand weaker before mining and manufacturing data

South Africa’s rand slipped further early on Tuesday after hitting record lows against the dollar in the previous session and looked set to continue its slide before the release of mining and manufacturing data.

Rand slips as China puts the brakes on imports

The rand slipped against the dollar in early Friday trade as stronger than expected mining output failed to shield the South African currency from fears of a further slump in global commodity prices.

Rand eases ahead of busy data week

South Africa’s rand weakened slightly on Monday against a stronger dollar, although the currency did manage to hold below the crucial 11.000 mark ahead of a busy data week that should set its short-term course.

SA stocks end lower, Assore floored by iron ore prices

South African stocks fell for a third straight session on Friday, with iron ore producer Assore down sharply as the commodity’s price was on track for its first weekly drop in a month due to Chinese steel mills keeping stockpiles low.

Rand holds onto gains, seeking direction

The rand held near recent highs against the dollar early on Friday, looking for direction after hitting the 10.92 area currently serving as a resistance barrier for rand bulls.

Rand steadies against Dollar, but pressure lurks

The rand pulled back from the previous day’s one week lows against the dollar on Friday but was not of the woods as investors braced for a likely deterioration in economic growth and budget deficit forecasts next week.