The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve's dovish comments that signaled potential rate cuts in the future. This shift in...
Standard Bank Group's CEO, Sim Tshabalala, has publicly refuted claims that the bank was involved in the 2017 Rand-US Dollar manipulation scandal. This statement comes amidst...
USD/ZAR skipped back above the 200-DMA at 18.63. Economists at Société Générale analyze the pair’s outlook.
The debate around Central Bank Digital Currencies (CBDCs) has been gaining momentum following the adoption of decentralized digital assets, such as Bitcoin, in recent years....
Notable yesterday was the dollar selling off after the Bank of Canada said it was ready to pause/end its tightening cycle. Some in the market could be thinking the Fed is of a...
The U.S. dollar continues to power ahead. Over the last 24 hours, the focus has switched from the pound to the Chinese renminbi. Here, there are signs that authorities are...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Sell | Sell | Strong Sell | Buy |
| Technical Indicators | Buy | Strong Buy | Strong Sell | Neutral | Strong Buy |
| Summary | Neutral | Neutral | Strong Sell | Sell | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Engulfing Bearish | 1D | Current | |||
| Completed Patterns | |||||
| Engulfing Bullish | 1D | 2 | Nov 29, 2023 | ||
| Three Outside Up | 1M | 3 | Sep 23 | ||
| Three Outside Down Bearish | 1D | 3 | Nov 28, 2023 | ||
Exchange | Last | Bid | Ask | Volume | Change % | Currency | Time | ||
|---|---|---|---|---|---|---|---|---|---|
Real-time Currencies | 18.6335 | 18.626 | 18.641 | 0 | -1.16% | ZAR | |||
| 18,678.00 | 0.00 | 0.00 | 0 | 0.00% | ZAR |
Federal Reserve(FED) | ||
| Current Rate | 5.50% | |
| Governor | Jerome H. Powell |
| Current Rate | 8.25% | |
| Governor | Lesetja Kganyago |