Financial news and actionable analysis
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.
The USDZAR pair is among the best-performing currency pairs in the market today. The pair is up by more than 2% and is trading at the highest level since May 29. The South African rand has also slumped against key currencies like the euro and the pound. Meanwhile, the country’s […]
The USDZAR pair is up by almost 1% today, continuing a bullish trend that started on July 28. The South African rand has fallen against the Us dollar in the past six consecutive days and is now at the lowest level since June 30. The currency has had its longest...
The USDZAR pair is up by more than 1.3% as traders reacted to the Fed interest rate decision and the South African factory-gate inflation data. The pair is trading at 16.7665, which is slightly below the intraday high of 16.8510, which was its highest level since July 14. The US...
The USDZAR pair is up by more than 0.45% as traders reflect on the new safety standards announced by Cyril Ramaphosa yesterday. South African stocks have also dropped by more than 1.2%, ending the significant rally that has been going on. The South African rand has also dropped against the […]
The USDZAR pair continued to drop, a day after South Africa reported the lowest daily coronavirus infections since July 8. The pair is down by more than 0.65%, and is trading at 16.5200, which is the lowest it has been since July 8. Similarly, South African stocks are near their […]
The USDZAR pair declined sharply today as traders reacted to weak economic data from South Africa. The pair is trading at 16.6028, which is the lowest it has been since June 11 this year. The South African rand has also gained against other currencies like the British pound and euro. […]
The USDZAR pair is relatively unchanged today as traders reacted to some developments from South Africa and the US. The pair is trading at 17.0455, which is in the same range it has been for the past few days. South Africa reaches deal on South African Airlines South African Airlines, […]
The USD to ZAR (USDZAR) pair is down for the second straight day as the South African rand continued to strengthen against the greenback. The currency has also strengthened against the pound and the euro. South Africa reports better economic data The USDZAR is rising as investors react to the […]
The USDZAR pair jumped today as traders reflected on the weak inflation numbers from South Africa. The pair is up by almost 0.40% and is trading at 17.3095, which is higher than the day’s low of 17.1718.
