The South African rand has pulled back in the past two months as the ongoing US-Iran war disrupted the country’s economic growth. The USD/ZAR pair soared to 17.06, as the JSE All Share Index and gold prices slumped. South African rand and JSE All Share Index slumps The USD/ZAR exchange rate has rebounded because of
The US dollar may be poised for a decline as elevated energy prices, domestic policy risks and a rising risk premium chip away at its safe-haven appeal, according to a Reuters poll published on Tuesday. Nearly 70 foreign-exchange strategists surveyed by Reuters between 27 March and 1 April expect the euro to hold steady at
The US dollar strengthened on Thursday after President Donald Trump warned that American forces would continue striking Iranian targets for the next two to three weeks. The remarks did little to ease investor anxiety over a widening Middle East conflict. Attention now turns to the March jobs report, where analysts expect a modest rise in
India’s central bank has moved to shore up the rupee with a sweeping set of emergency measures,like capping banks’ currency positions, and banning rupee non-deliverable forwards, as the currency buckles under the weight of surging oil prices and the heaviest outflow of foreign capital from emerging markets in years. Why the RBI acted The rupee
The dollar rose on Thursday after US President Donald Trump described Iran as acting “crazy,” tempering expectations for a swift ceasefire that had briefly erased a two-day slide in the currency. The dollar index climbed to a session high of 99.925 before closing 0.3% stronger at 99.86, having earlier touched a three-week low as investors
The Japanese yen continued its downtrend this week, raising the possibility that the Bank of Japan (BoJ) will intervene as it nears a crucial level. The USD/JPY exchange rate was trading at 159.60, a few points below the all-time high of 161.95. It has soared by over 14.3% from its lowest point last year. Why
The Brazilian real strengthened on Monday, recovering from recent losses as global risk sentiment improved, with the currency appreciating to around 5.22 per US dollar. The rebound followed US President Donald Trump’s decision to delay planned strikes on Iranian energy infrastructure, a move that eased geopolitical tensions and triggered a shift in currency markets. The
The Brazilian real extended its recent slide, weakening toward 5.3 per US dollar as investors reassessed both domestic and global risks. The currency’s depreciation reflects a combination of internal liquidity concerns and external pressures, including heightened geopolitical tensions in the Middle East and a stronger US dollar weighing on emerging market currencies. Recent data and
The Swiss franc will be in the spotlight this week, as investors focus on the upcoming Federal Reserve and Swiss National Bank (SNB) interest rate decisions. The USD/CHF exchange rate was trading at 0.7850, down by 15% from its highest point in 2025. Similarly, the EUR/CHF pair was at 0.9065, down 6.17% below its last
The South African rand is staging a comeback this week, paring back some of the recent losses that started in February. The USD/ZAR exchange rate dropped to 16.62, down modestly from this month’s high of 16.96. So, will the pair continue falling or rebound ahead of the South African Reserve Bank (SARB) and Federal Reserve