The USD/ZAR strengthened slightly on Wednesday after South Africa’s annualized retail sales figure came in at -2.5% for March 2021....
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’s decline for the 3rd straight session follows disappointing Non-farm Payrolls numbers. In a Bloomberg TV interview, Minneapolis Federal...
USD/ZAR has extended its losses from the previous session as the South African rand continues to strengthen against the US...
The USD/ZAR price bounced back on Wednesday morning as the US dollar made a strong comeback. The pair is trading...
The USD/ZAR exchange rate was flat on Monday morning as investors reacted to last week’s SARB decision and the upcoming...
The USD/ZAR exchange rate pulled back this week ahead of the SARB interest rate decision and the upcoming American GDP...
The USD/ZAR exchange rate moved sideways on Wednesday morning as investors focused on key economic events. The USD to South...
The USD/ZAR pair retreated yesterday even as the number of coronavirus cases continued to rise in South Africa. The pair...
USD/ZAR is on a decline ahead of South Africa’s interest rate decision. According to a survey conducted by Bloomberg, economists...
The South African Rand continues to face bearish pressure this Tuesday after the government reinstated tighter COVID-19 restrictions in a...