The vicious rally of the South African rand has hit a wall. The USD/ZAR pair is trading at 15.312, which...
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 was higher by 0.55% today as the pair tries to bounce from support at the 15.20 level....
The USDZAR is down by 0.70%, accelerating the South African rand’s gains to the new month. Yesterday, the pair completed...
USDZAR is 0.40% higher on the day as the pair tries to bounce from recent lows. The U.S. will see a big set of U.S. economic releases today.
The USDZAR price is trading at the lowest level since March this year as the flight from the safety of...
USDZAR was lower by 0.60% on Tuesday as the greenback struggled across the board. The USD is awaiting a consumer confidence update but a possible easier transition path for the U.S. Presidency has risk assets bid.
The USDZAR is down for the third consecutive day as traders react to the latest South Africa credit rate downgrades....
USDZAR was 0.30% lower in early trading on Monday as U.S. dollar weakness continues across the market. The Rand is...
The USDZAR price is little changed today as traders continue reacting to the hawkish interest rate decision by the South...
The South African Reserve Bank (SARB) is set to release its last interest rate decision for 2020 on Thursday 19...