Commerzbank is predicting that the USD/ZAR could extend the slump if the pair can break below the 14.5044/14.3952 price zone....
USDZAR
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
USDZAR Chart by TradingView
The USD/ZAR will come under the radar this evening when the FOMC announces its interest rate decision. The South African...
European traders today awaiting the German Gfk Consumer Confidence Survey which will be released at 06:00GMT. The Swiss ZEW Survey...
USDZAR has pushed around 0.7% higher after the South African unemployment rate for the second quarter of 2019 hit 29.1%,...
The GBP to rand pair declined today as the number of South African Coronavirus cases rose. According to the Ministry...
US stocks declined yesterday as traders reacted to the FOMC decision and the weak economic numbers from the US. The...
Tomorrow at 9.30 am UTC, South Africa’s employment data will be released. This data is composed of the unemployment rate...
The South African Reserve Bank (SARB) has opted to keep interest rates unchanged at 3.5%. This matching the expectations of...
The USD/ZAR is heading strongly into the third day of gains, as easing US long-term bond yields leaves the greenback...
The USD/ZAR is wavering today as investors continue to worry about the health of the South African economy. The South...