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CD South Africa: Rand losing momentum

Weak US non-farm payrolls on 2 October continue to have an effect, as the rand strengthened all the way to 13.55/$ yesterday.

Weak US jobs numbers push dollar down

A big miss on Friday’s US non-farm payroll numbers sent the US dollar lower across the market, and the Greenback remains under pressure as we start the week.

US dollar focus stays on US job numbers

Today is the first Friday of the month, which means US non-payrolls are out this afternoon. Market focus remains on when the US Federal Reserve will raise interest rates.

CD South Africa: Rand on the (positive) run

Rand strength came despite a worse-than-expected trade balance as the market's appetite for risky assets returned.

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