Home Currency News EUR to ZAR

Exchange Rate Forecasts

EUR to ZAR Forecasts

As a new week of trading began the Euro dropped against the South African Rand. ZAR gains have mainly been caused by a sharp rise in gold prices following some unsettling behaviour by the new US President. Despite a few fluctuations in the Euro Rand exchange rate last week, the Euro was nonetheless able to advance [...]

Read more



Surge in Risk-Sentiment Sees Euro Falls Vs Rand

Posted by:
Date: January 12th, 2017.

Despite mixed South African ecostats and strong data from the Eurozone, the Euro to South African Rand exchange rate dropped on Thursday due to a sudden increase in demand for risk-correlated currencies. EUR/ZAR had fluctuated around the week’s opening levels but on Thursday the pair fell to a weekly low of 14.30. Demand for the [...]

Read more



Although Eurozone data has proven largely positive this week, the EUR ZAR exchange rate has struggled to escape a downtrend. Investors have remained somewhat preoccupied with worries over the political outlook of the currency union, particularly amid speculation that Italy could be facing an early election. While there was no resurgence in concerns of the [...]

Read more



The Euro to South African Rand exchange rate has tumbled over the past few days, despite further increasing joblessness in South Africa as investors focus on Eurozone monetary policy and the low odds it will be tightened any time soon. The Euro has weakened sharply against the Rand since the beginning of the week, falling [...]

Read more



The Euro South African Rand exchange rate has slumped today, despite firm inflation figures boosting market appetite for the common currency elsewhere. High profile business leaders have thrown their support behind South Africa’s Finance Minister Pravin Gordhan as he faces fraud charges in a suspected attempt by President Jacob Zuma to oust him from the [...]

Read more



The Euro to South African Rand exchange rate has fallen today in response to Eurozone PMIs, but could recover in the near-term if optimistically forecast German data proves supportive. The South African Rand, meanwhile, also strengthened thanks to economic data and a statement from President Jacob Zuma. Last week, the Euro Rand rate dipped to 15.01, [...]

Read more



EUR/ZAR Reacts to Fed Interest Rate Decision

Posted by:
Date: September 22nd, 2016.

The Euro-Rand exchange rate has come under pressure this week, with the pairing declining from a starting high in the region of 15.94 to a closing low during Thursday’s European trading session of 15.04. For the Rand, losses have been brought about lately by the US Federal Reserve and the tone adopted at its interest [...]

Read more



The Euro to South African Rand exchange rate has been performing poorly this week due to faltering confidence in the Eurozone. With domestic concerns have been driving the Euro, Rand direction has been dictated by global sentiment. As evidence of how dramatically the Euro has fallen against the Rand, the single currency began the week [...]

Read more



The Euro to South African Rand exchange rate has fluctuated widely since Monday, having attempted to gain but ultimately falling back towards the week’s opening levels of 16.2064 due to strengthened risk sentiment and poor Eurozone news. EUR/ZAR was trending in the region of 16.2550 at the time of writing. After a run of poor [...]

Read more



EUR/ZAR Flat After Previous Downtrend

Posted by:
Date: June 22nd, 2016.

The Euro (EUR) to South African Rand (ZAR) exchange rate has dropped considerably this week, falling to its lowest point since May as a surge of risk-sentiment in the foreign exchange market left emerging market currencies like the Rand stronger. The Euro has remained relatively sturdy this week due to its close association with the [...]

Read more



© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.