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Rand Depreciation

  • An easy formula to calculate your trading wins
  • Q. ”This year I joined Timon's trader service. I must say I'm loving the simplicity of the emails and the high number of profits so far. In one of the recent emails, it said that you had banked a certain percentage on a trade. Please clarify a formula to calculate the gain and loss percentage in a trade?” A. Thank you for the question Happiness and glad to have you on board.   Le... ››› more
  • [25 November 2021]
  • The rand is almost touching R13 to the dollar
  • The rand has weakened yet again, taking it to sit just off R13 to the greenback. Any move weaker will see it breach the key level. So what's behind this latest depreciation in the rand? Let's take a closer look… The rand bounced then fell again The rand came under pressure this morning following signs of strength in the currency last night. Last night, minutes from the latest ... ››› more
  • [20 August 2015]
  • The rand continues on its slippery slope weaker
  • This year has been a tough one on the local currency. Recently the rand has managed to scrape back some of its losses. But last week saw the beginning of another crippling strike. Since then the rand has lost a lot of ground and it doesn't look like the situation is going to improve soon. Let's take a closer look at what's going on with the local currency… Investors are concerned over relentl... ››› more
  • [07 July 2014]
  • The rand takes a tumble
  • After remaining steady over Thursday night, the strike at Anglo American Platinum (Amplats) helped push the rand down. The rand traded to two week lows against the dollar. Let's take a closer look at what's going on with the rand… Today, the rand “retreated 1%,” reports Fin24. This saw the rand trade at a “two week low against the dollar”. The strike that started today at Amplats “we... ››› more
  • [27 September 2013]
  • After starting the day wallowing at a two week low, the rand rallies
  • The rand is so sensitive to many issues affecting the South African economy. Since the Federal Reserve announced that it may start to step down its stimulus package in the near future, volatility has increased. After touching a two week low this morning, the rand rallied nicely to gain against the dollar. Here's what happened to the rand… This morning kicked off with the rand touching a two we... ››› more
  • [08 July 2013]

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