USDZAR News

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

USDZAR Technicals Point to a Sharp Bounce After Mexico S&P Rating Cut

Forex

·Mar 27, 2020, 09:43 GMT

The UZDZAR pair rose is up by more than 1.25% today as traders react to the US fiscal stimulus and...

USDZAR: Rand Drops Like a Rock After Government Ends Airline Support

Forex

·Apr 15, 2020, 12:03 BST

The USDZAR pair rose by more than 2.50% after the South African government ended its funding to the national airline....

USD/ZAR: South African rand gains steam amid S&P rate downgrade

Forex

·Apr 30, 2020, 13:34 BST

The USD/ZAR pair declined slightly as the market shrugged-off the latest South African rate downgrade by S&P Global. As it dropped, the pair accelerated the losses started last week when it reached a decade high of 19.3445.

USD/ZAR forecast: South African rand whipsaws as opening hits roadblock

Forex

·May 04, 2020, 10:24 BST

The USD/ZAR pair declined slightly as hopes rose that South Africa will reopen its economy soon. The pair declined even...

USDZAR: Why is the South African rand parabolic rally continuing?

Forex

·May 11, 2020, 08:53 BST

The USDZAR pair declined slightly as the market remained optimistic that the worst was over for the South African rand....

USDZAR bullish pennant suggests worst not over for South African rand

Forex

·May 14, 2020, 10:51 BST

The USDZAR pair rose slightly as doubts started to creep back on South Africa’s reopening plans. The pair is trading...

USDZAR: Can the South African rand maintain the momentum?

Forex

·May 19, 2020, 09:29 BST

The USDZAR pair dropped slightly mostly because of the overall weakness of the US dollar. The dollar index, which measures the performance of the USD against a basket of currencies declined by more than 20 basis points.