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South African rand falls to two-month low against U.S. dollar

June 10, 2008 · Filed Under International Investing · Comments 
The South African rand fell to a two-month low against the dollar, by as much 1 percent to 7.9860 per dollar— the weakest level since April 16. Baltimore — (TFN): South Africa’s rand fell to a two-month low against the dollar as stocks around the world declined on concern surging oil prices will force central banks [...]

Currency trading strategies for a volatile forex market

When it comes to currency trading strategies, most media reports focus on the dollar’s decline against the Euro and other currencies. But there are other profitable opportunities out to leverage exhange rate differentials. Sovereign Society’s currency expert Jack Crooks explains. This video was filmed on location in Panama City, Panama. Hear what Jack’s outlook is on [...]

Currency Exchange: The South African rand defies logic

June 2, 2008 · Filed Under International Investing · Comments 
“Can a currency really plummet in value, even while its central bank is raising interest rates? Yes, it can. In fact, it’s happening in South Africa right now.” — Sean Hyman by Sean Hyman Baltimore – (TFN): In the world of currency exchange, a currency tends to drop in value when its [...]