The USDZAR pair slumped recently despite a rally in the dollar index from lows not seen since 2018. An upbeat...
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
US stocks declined yesterday as traders reacted to the FOMC decision and the weak economic numbers from the US. The...
The USDZAR is trading at the lowest level since March 2020 as investors react to positive sentiment about the South...
The USDZAR pair slumped today as investors awaited the central bank decisions from South Africa and the United States. The...
The USDZAR pair is up by almost 1% today as traders react to weak economic data from South Africa. Investors...
The recent rally of the South African rand (USDZAR) has hit a dead end. The pair is trading at 16.8600,...
The USDZAR pair was higher on the day as traders await second quarter GDP from South Africa. Investors are nervous...
The USDZAR is in a tight range as investors waited for the upcoming nonfarm payroll numbers from the United States....
The USDZAR pair is down by more than 1.3% today, erasing some of the significant gains that were made yesterday....
The USDZAR pair is little changed today as investors react to the FOMC minutes and the rising number of coronavirus...