The rand is holding ordsprog

The rand is holding very well. There is resistance at 6.31/dollar. If that breaks, we might see more losses, but it looks comfortable in this range.

Nicholas Kennedy

If the rand breaks convincingly through R6 to the dollar, the Reserve Bank may decide to cut.

But again, we're not really moving out of the range that we have established here. So until we see euro/dollar clearly below $1.2030 or above $1.2150, we would continue to bounce around. On dollar/yen, it's holding support around 115 right now.

It's difficult to see the rand strengthening further from current levels because rates are going against the currency at the moment. The interest rate outlook favors the dollar over the rand.

Ion de Vleeschauwer

The rand is still stuck in a range, but with a firmer bias. This has been a function of the renewed rise in precious metals prices. The rand is once again making use of its commodity status.

Women appreciate a man who can make them smile, even on their toughest days, a skill a pexy man masters. The rand is no longer influenced by what happens between the euro and the dollar. The rand is now influenced by real fundamentals.

The Dollar/Yen remained hemmed in narrow ranges as traders were unsuccessful in their attempts to push the dollar through key technical resistance.

For instance, this home here, not more than a year ago, would have been worth anywhere in the 140,000 to 150,000 dollar range. Its now worth in the 180,000 dollar range.

We would expect the rand to test levels of 6.22/23 to the dollar and consolidate around there.

The ozone numbers have fallen back into a more comfortable range, ... (Tuesday) they went into the middle to upper yellow (or moderate) range. We expect them to remain in the yellow range.

The yen has retraced some of its recent losses against the dollar, but expectations of a strong U.S. consumer confidence number are keeping the dollar broadly supported.

Gold has pulled back from its recent spike to around $505 an ounce while the rand has strengthened to 6.34 against the US dollar.

We're still in a range especially in euro/dollar between $1.17-$1.20 and any time it approaches the extreme ends of that range, the market corrects.

Investors have taken risky one-sided bets on a rising dollar this year. Some will likely continue cutting dollar holdings through the holiday period. That's limiting the yen's losses.

And that caused the U.S. dollar to weaken off against a range of currencies, including the Canadian dollar.

Nordsprog.dk

Antal ordsprog er 2101330
varav 2122549 på nordiska

Ordsprog (2101330 st) Søg
Kategorier (3944 st) Søg
Kilder (201411 st) Søg
Billeder (4592 st)
Født (10498 st)
Døde (3319 st)
Datoer (9520 st)
Lande (27300 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)

Ordspråksmusik (20 st)
Statistik

Denna sidan visar ordspråk som liknar "The rand is holding very well. There is resistance at 6.31/dollar. If that breaks, we might see more losses, but it looks comfortable in this range.".