After the vast moves from last week, we have seen that the Rand has started to stabilize a little. The Rand briefly broke below R19.00 against the US dollar but has traded sideways between R19.03 to R19.12 for most of the day. We did see the Rand move stronger in the Asian trade, and one can only hope that a few days of no new headlines could help the Rand break below the R19.00 level. The US dollar also firmed up in Asian trade, which allowed the Rand to gain more on the crosses, with the Euro and Pound back below the R21.00 and R24.00 mark, respectively. The data calendar is relatively thin, and this will give renewed focus to news headlines. As we have seen, headlines are paramount to Rand's moves. Each headline poses a two-way risk for the Rand.