south african rand

After months of ongoing speculation, the overnight climax with Jacob Zuma resigning from his position as President of South Africa has lifted the South African rand to its highest level since March 2015.

As we noted earlier this morning, it’s shaping up as a classic “risk-off” day as global stocks, oil and high-yielding bonds continue to sell off in the U.S. afternoon session.

With Tokyo markets offline for a bank holiday (happy Coming-of-Age Day to our Japanese readers) following the late day collapse in U.S.

Of course, it’s impossible to write a concise recap of an entire year’s worth of developments in any field, much less the world’s largest market, but we wanted to provide at least a 500-foot overvi

New Finance Minister Pravin Gordhan acted swiftly to calm South Africa investors on Monday, saying he would strive to keep Pretoria's investment grade rating after days of market turmoil that have

With a plethora of major central bank announcements out of the G10 this week, traders will be more focused on developed markets than their emerging market rivals, so we wanted to take a moment to reset the technical outlooks for the major EM pairs we follow.
Thousands of gallons of virtual ink has been spilled on the market implications of the Federal Reserve’s monetary policy meeting decision on Thursday, and we’ll undoubtedly see plenty more analysis over the next few days.

For most asset classes, the panic-driven moves of last Monday have been erased, with EUR/USD completing its 500-pip round trip, U.S.

Traders are still reeling after this morning’s shocking “flash crash.”
Most major forex pairs are starting off the week on a quiet note as traders try to squeeze in last-second summer vacations and the economic calendar got off to a slow start.