Jerome Powell | Speedinet Wireless Internet Service Provider And Seo marketing and Social media marketing in house software developer

Rand weakens to multi-year low

The rand dropped sharply overnight and hit its lowest level in almost three years early on Wednesday. Blame the Fed.

Bitcoin hit the highest since August on a sign from the US Federal Reserve that a less harsh monetary policy backdrop lies ahead.

Bitcoin spiked higher on Wednesday in the countdown to a speech by US Federal Reserve chairman Jerome Powell.