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Exchange4free Blog

Welcome to the Exchange4free blog!
Keep abreast with important economic events and currency news and it's affect on the markets and foreign exchange rates.

Good News for South African Tour Operators

Good News for South African Tour Operators
Good News for South African Tour Operators The South African Government has recently announced that South Africa, in the near future, will change its’ visa rules in favour of foreigners with children and tourists from China, Russia and India after f...
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1504 Hits

USDZAR breaks above 13.00 triggering stops to New All Time High above 14.00

USDZAR breaks above 13.00 triggering stops to New All Time High above 14.00
The Rand has weakened to a new all time high versus the USD briefly touching USDZAR 14.07 in overnight trade as commodity prices plunged on the back of emerging market and China growth jitters. This move was exacerbated by large value stop-loss...
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2194 Hits

Breaking News: GBP/ZAR goes to a new 10 year high above 19.50

Breaking News: GBP/ZAR goes to a new 10 year high above 19.50
GBP/ZAR BREAKS ABOVE 19.50 The Rand has weakened to a new 10 year high above 19.50 on expectations of a US interest rate rise later on in the year.   The Federal Statement tonight and the expectation of US interest rate increases, coupled with ...
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1972 Hits

Breaking News: GBP/ZAR hits another high in 6 1/2 years!

Breaking News: GBP/ZAR hits another high in 6 1/2 years!
Breaking News: GBP/ZAR UpdateGBP/ZAR hits another high in 6 1/2 years!Today saw the Pound Sterling advance on the weaknesses of the South African Rand.The ZAR has had it's own challenges but was hit hard by the generalized emerging market sell-off, a...
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2051 Hits

Breaking News: GBP/ZAR goes to a 6 year high!

Breaking News:  GBP/ZAR UpdateGBP/ZAR AT 6 YEAR HIGH!The ZAR on Monday weakened as China cut interest rates again – the 3rd time in six months, adding pressure to emerging markets. The pressure on the Rand continued through Tuesday as the GBP st...
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1935 Hits
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