USDZAR

USDZAR bullish pennant suggests worst not over for South African rand

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

May 14, 2020, 10:51 BST

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

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

May 11, 2020, 08:53 BST

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

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

May 04, 2020, 10:24 BST

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

The USD/ZAR pair declined slightly as the market shrugged-off the latest South African rate downgrade by S&P Global. As it…

Apr 30, 2020, 13:34 BST

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

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

Apr 15, 2020, 12:03 BST

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

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

Mar 27, 2020, 09:43 GMT

GBP To Rand Hits Key Support Ahead of Ramaphosa Speech

The GBP to rand pair declined today as the number of South African Coronavirus cases rose. According to the Ministry…

Mar 23, 2020, 11:13 GMT

USDZAR: Rand Strengthens As SARB Cuts Policy Rate By 100 Bps

The South African Reserve Bank (SARB) has cut its key policy rate by 100 bps in a unanimous vote, sending…

Mar 19, 2020, 13:34 GMT

USDZAR Unfazed After SARB Cuts Rates to 6.25%

USDZAR jumps higher at 14.4425 after the South Africa central bank cut interest rates to 6.25% from 6.5%. Most of…

Jan 16, 2020, 14:17 GMT

USDZAR Rebounds On Stronger ISM Non-Manufacturing PMI

USDZAR recovers today yesterday’s losses as the pair attempts to rebound from five-month lows.  USD today is gaining momentum after…

Jan 07, 2020, 15:51 GMT

USDZAR Rebounds from Five-Month Lows On Risk Aversion

USDZAR rebounds today from five-month lows amid general risk aversion. Increased tensions an fears of a military conflict between Iran…

Jan 03, 2020, 11:29 GMT

USDZAR Hits Five-Month Lows Below 14.000 and Rebounds

USDZAR breached the 14.000 mark earlier today making fresh five-month lows amid general USD weakness. Emerging market currencies boosted from…

Dec 30, 2019, 12:14 GMT