In this section, you will find important USDZAR news, actionable trading ideas, and a live USDZAR chart to help you understand how the South African Rand trades vs. the US Dollar.

USDZAR is the ticker symbol in fx markets that represents how many South African Rands you can buy with one US dollar. South African Rand is the legal tender of the Common Monetary Area which includes South Africa, Swaziland, Lesotho, and Namibia. The factors that affect USDZAR are the interest rates, the GDP growth, inflation, unemployment rates, balance of payments and other macroeconomic figures. The US Federal Reserve Bank and South African Central Bank are the two institutions that USDZAR traders follow in order to get an idea about the future moves of the pair.

Live USDZAR Chart


Forex Markets: Durable Goods in Focus

Forex Markets: Durable Goods in Focus

European traders today awaiting the German Gfk Consumer Confidence Survey which will be released at 06:00GMT. The Swiss ZEW Survey will be published at 08:00GMT while the UK BBA Mortgage Approvals data will be released at 08:30GMT. The Bank of England’s Carney will testify on May inflation report before the [...]