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South African rand firms as dollar heads for weekly drop

(Updates to reflect afternoon trade) JOHANNESBURG, May 27 (Reuters) - The South African rand strengthened on Friday, as the dollar was on track for its second straight weekly decline as traders pared expectations for U.S. Federal Reserve interest rate hikes. At 1610 GMT, the rand ZAR=D3 traded at 15.5975 against the dollar, around 0.7% stronger tha
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Lira set for sixth weekly drop; earnings boost HK shares

* HK shares rise on hopes around Sino-U.S. ties, tech boost * Hungary's forint, stocks poised for weekly drop By Bansari Mayur Kamdar May 27 (Reuters) - The Turkish lira was set for its sixth straight weekly loss on Friday, while Hong Kong stocks rose as investors found comfort in signs of improving Sino-U.S. relations and expectations that Beijing
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South African rand firms as dollar sinks to a month low

May 27 (Reuters) - South Africa's rand firmed early on Friday, as the U.S. dollar sank to a one-month low amid signs the Federal Reserve might slow or even pause its monetary policy tightening in the second half of the year. At 0634 GMT, the rand ZAR=D3 traded at 15.6850 against the dollar, 0.16% stronger than its previous close. "The ZAR has capit
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South African Markets - Factors to watch on May 27

May 27 (Reuters) - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS South Africa to release latest fuel price adjustment Weekly inflation-linked bond auction Weekly Treasury bill auction COMPANIES South Africa's Pepkor H1 results rise 28.3% S
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Mexican peso rises after retail sales data, Banxico minutes

* Latam currencies up 1.2%, stocks rise 2.4% * Mexico March retail sales rise 0.4% from Feb * Brazil's federal tax revenue beat expectations * Mexico central bank sees inflation risks biased to upside - minutes By Bansari Mayur Kamdar and Anisha Sircar May 26 (Reuters) - Currencies in Latin America rose on Thursday, with the Mexican peso strengthen
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South African rand flat as Fed minutes contain few surprises

(Updates to reflect afternoon trade) JOHANNESBURG, May 26 (Reuters) - The South African rand was little changed on Thursday, as minutes from the U.S. Federal Reserve's most recent meeting contained few surprises. At 1530 GMT, the rand ZAR=D3 traded at 15.7550 against the dollar, around 0.1% weaker than its previous close. "While the minutes reitera
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Mexican peso rises after retail sales data, Banxico minutes

* Latam currencies up 0.8%, stocks rise 1.8% * Mexico March retail sales rise 0.4% from Feb * Brazil's federal tax revenue beat expectations * Mexico central bank sees inflation risks biased to upside - minutes By Bansari Mayur Kamdar May 26 (Reuters) - Currencies in Latin America rose on Thursday, with the Mexican peso strengthening for a third da
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Lira slips ahead of c.bank decision; Hungarian stocks tumble

* Turkish lira weakens ahead of c.bank meeting at 11 GMT * Russian rouble falls as central bank cuts rates to 11% * Hungary's blue-chip stocks drop on govt plan for windfall taxes * Yuan hits near one-week low on economic slowdown worries By Bansari Mayur Kamdar May 26 (Reuters) - Emerging market currencies slipped on Thursday, with the Turkish lir
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South African rand weakens as Fed minutes lack surprise

May 26 (Reuters) - South Africa's rand weakened against the dollar in early trade on Thursday, as minutes from the U.S. Federal Reserve's most recent meeting signalled that the central bank was likely to stay the course on interest rate hikes. Minutes from the Fed's early May meeting showed a majority of participants backing half-percentage-point r
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South African Markets - Factors to watch on May 26

May 26 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Thursday. ECONOMIC EVENTS Statistics South Africa to publish March producer price inflation numbers at 0930 GMT. South Africa's Crop Estimates Committee (CEC) will release the fourth production forecast for the 2021/2022
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South African rand dips as dollar recovers

JOHANNESBURG, May 25 (Reuters) - The South African rand edged lower on Wednesday, as the dollar bounced back ahead of the release of U.S. Federal Reserve minutes of its last policy meeting. At 1450 GMT, the rand ZAR=D3 traded at 15.7325 against the dollar, 0.54% weaker than its previous close. The dollar index =USD strengthened on Wednesday, ahead
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FX mixed as rouble extends gains, lira dips again

* Turkish lira extends losses as need for FX grows * South African rand slips as dollar recovers ahead of Fed minutes * Russian c.bank plans to hold rate-setting meeting on Thursday By Bansari Mayur Kamdar May 25 (Reuters) - Emerging market currencies edged higher on Wednesday, with the Russian rouble extending gains to a four-year high against the
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South African rand dips as dollar recovers

JOHANNESBURG, May 25 (Reuters) - The South African rand edged lower in early trade on Wednesday, as the dollar bounced back ahead of the release of U.S. Federal Reserve minutes of its last policy meeting. At 0620 GMT, the rand ZAR=D3 traded at 15.6925 against the dollar, down around 0.3% from its previous close. The dollar index =USD fell more than
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South African rand strengthens amid gold gains, dollar weakness

JOHANNESBURG, May 24 (Reuters) - South Africa's rand strengthened on Tuesday, despite fears of a slowdown in a global economic recovery, amid U.S. dollar weakness and rising prices of gold, a significant export of the country. At 1522 GMT, the rand ZAR=D3 traded at 15.7200 against the dollar, 0.3% stronger than its previous close. Early in the day,
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Risk-off mood sends Turkish lira to 5-month low, Chinese stocks slump

* EM stocks fall over 1%, currencies edge lower * China shares lower as Beijing imposes new COVID curbs * Turkish lira eases over 1%, down nearly 18% YTD * Russian rouble up past 57 to dollar for first time in 4 years By Bansari Mayur Kamdar May 24 (Reuters) - The Turkish lira hit a five-month low on Tuesday in a broad selloff of emerging market st
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South African rand slips as global risk aversion returns

JOHANNESBURG, May 24 (Reuters) - South Africa's rand slipped early on Tuesday as risk aversion returned to global markets, with an earnings warning from Snapchat's owner SNAP.N prompting a retreat in U.S. stock futures. At 0630 GMT, the rand ZAR=D3 traded at 15.8150 against the dollar, 0.3% weaker than its previous close. Market attention on Tuesda
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South African rand supported by S&P outlook upgrade

(Updates prices and context) JOHANNESBURG, May 23 (Reuters) - The South African rand strengthened on Monday, supported by ratings agency S&P upgrading the country's sovereign outlook to "positive". S&P on Friday revised its outlook from "stable" and affirmed the foreign and local currency ratings on "favourable terms of trade (and) a path toward co
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COVID concerns weigh on China stocks; CEE currencies rise

* China stocks fall as Beijing COVID concerns weigh * Zloty up as Polish retail sales rise 33.4% y/y in April * Lira slips as Turkish May manufacturing confidence falls * Rouble firms 3%, heads back towards multi-year highs vs dollar By Bansari Mayur Kamdar May 23 (Reuters) - Emerging market stocks ticked lower on Monday after Chinese shares fell a
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South African rand supported by S&P outlook upgrade

JOHANNESBURG, May 23 (Reuters) - The South African rand was slightly stronger early on Monday, supported by ratings agency S&P upgrading the country's sovereign outlook to "positive". S&P on Friday revised its outlook from "stable" and affirmed the foreign and local currency ratings on favourable terms of trade and a path toward contained fiscal ex
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South Africa's rand sees weekly gain after lending rate hike

JOHANNESBURG, May 20 (Reuters) - South Africa's rand was little changed on Friday, holding on to most of the gains made in the previous session after the central bank announced its biggest rise to the main lending rate in more than six years to rein in inflation. The U.S. dollar's retreat from two-decade highs has also supported the rand this week.
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