Capta Forex @CaptaFX
We provides clients with intelligent foreign exchange solutions, by specialising in foreign exchange and international remittance to & from major destinations. captaforex.com South Africa Joined September 2015-
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Financial analysts are currently awaiting the results of South Africa’s national elections with bated breath, as the country recovers from a weaker rand, load shedding and high oil prices... businesstech.co.za/news/finance/3…
After a cloudy long Easter weekend which we hope everyone enjoyed, we see the rand much weaker this morning than we closed on Thursday, currently at R14.17/$. This is mainly due to the long rally in emerging market gains we experienced for the most of April...
Rand weakens to one year volatility low: businesslive.co.za/bd/markets/201… businesslive.co.za/bd/markets/201…
The rand has officially broken past the psychologically important R14/$ handle this morning and for the first time since late February! The local currency has been on the front foot since Moody's Investors Service... facebook.com/Captaforex/pos…
MARKETS: The rand weakens in early trade, as currency traders look for direction from US-China trade talks and updates on Brexit. bit.ly/2uQuWIS
It seems like USDZAR has found some consolidation between 14.1500-14.2000 levels this week as the market has digested what was seen as positive Moody’s headlines against a backdrop of easing global risk. The... facebook.com/98896799116070…
Tonight we have Moody’s credit rating review for South Africa. This is quickly becoming the biggest event for the Rand in 2019, and opinions are mixed all over the spectrum, from keeping the current stable view... facebook.com/Captaforex/pos…
SARB announces that repo rate will remain unchanged at 6.75%. The Rand is currently trading at 14.67/USD businesstech.co.za/news/finance/3…
The markets are remaining quite stable at the moment with a trend hovering around the R14.40-14.60/$ level. We have the SARB meeting tomorrow where rates are expected to remain unchanged & the Moody's review... facebook.com/98896799116070…
As per our range yesterday we did see a low of R14.33/$ however in the same day saw a break above the R14.50 level. This came after a joint media briefing was held with Eskom & the Dept. of Public Enterprises.... facebook.com/98896799116070…
Some bad news in store for next month. ewn.co.za/2019/03/19/ris… ewn.co.za/2019/03/19/ris…
There is a high risk of ratings downgrade from Moody's at the end of this month, experts say; based on the high levels of debt at SA SOEs and the fact that there has been no actual plan for Eskom since promises... enca.com/business/anoth…
Brexit as it stands: PM May's deal was rejected again last night by 149 votes and there are only 17 days left till the exit. PM Theresa May then immediately announced another vote for today, on blocking a no-deal... facebook.com/Captaforex/pos…
Eskom’s new proposed tariff hikes as well as Ramaphosa’s announcement that Government will proceed with nationalising the Reserve Bank caused the Rand to take a huge tumble yesterday. The fear we face now is a... facebook.com/Captaforex/pos…
The NERSA decision on Eskom tariffs will take centre stage today, with the ECB policy meeting also expected to have an effect on the performance of the ZAR. The Rand generally tracks the Euro and a weaker Euro could... facebook.com/Captaforex/pos…
Rand is on the back foot for 11 straight days: businesslive.co.za/bd/markets/201… businesslive.co.za/bd/markets/201…
Ratings agencies and government meet today af.reuters.com/article/southA… af.reuters.com/article/southA…
The Rand opened at R14.01 to the Dollar earlier in the day but at one pointed plummeted to R14.35 during the first part of Mboweni’s budget speech. However by close of business today it regained some ground to trade back at R14.13 levels. Here’s... moneyweb.co.za/in-depth/budge…
South Africa's Rand Weakens as Much as 1.8% Against USD as Mr Mboweni begins his Budget Speech
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