News & Analysis

South African rand takes a massive dive as groundhog day arrives

Andrew Saks, Friday, 26 November 2021

What was perhaps less expected was the sudden news late last night which demonstrated that South Africa, home to one of the more volatile and interesting exotic currencies, the rand, is about to become the center of attention for global governments and those engaged in the business of locking down entire economies and preventing travel to and from them.

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News & Analysis

Things are going well in Turkey, yet the lira is sliding

Andrew Saks, Thursday, 25 November 2021

The Turkish lira has fallen by a staggering 20% in recent weeks. Why? Because the government has encouraged new interest rate cuts by the national bank.

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News & Analysis

Elon Musk sells three quarters of a billion. Result: Nothing

Andrew Saks, Thursday, 25 November 2021

As Elon Musk sells $750 million of shares, we take a look at how Tesla has disrupted, dominated and is now self sufficient and sustainable

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News & Analysis

Euro becomes overall underdog as US Dollar joins Pound in battle for supremacy

Andrew Saks, Thursday, 25 November 2021

Major currency pairs have long been in the doldrums, with very little movement however that is beginning to change and traders are beginning to look at the currency markets as an asset class that is beginning to liven up for the first time in a very long time.

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News & Analysis

Euro at its lowest point against the Pound in almost two years

Andrew Saks, Wednesday, 24 November 2021

The GBPEUR pair is now sitting at 1.19, which although cannot be considered to be the product of massive volatility, is at least a milestone as it has not been at this level since February 2020.

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News & Analysis

Jay Powell and the stable USD: Federal Reserve goes the conservative route for now

Andrew Saks, Tuesday, 23 November 2021

Back in August, Mr Powell took a very conservative view on tackling inflation, noting that it had risen to 4.2% which is, to say the least, high.

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