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 at 8-week high as South African rand stages an impressive comeback

Forex

·May 26, 2020, 12:15 BST

The USDZAR pair declined by more than 1.10% as the overall US dollar weakness continued even in the emerging markets....

USDZAR Breaks 15.00 as GDP Shows Improvement in S.A. Economy

Forex

·Dec 09, 2020, 08:03 GMT

USDZAR has tumbled this week to breach the 15.00 level as US dollar weakness persists. Better-than-expected GDP figures from the South African economy has boosted the 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 Drops Below Support but the U.S. Election Awaits

Forex

·Nov 03, 2020, 13:31 GMT

USDZAR was 1% lower on Tuesday as markets await the U.S. election voting results. Campaigning is coming to a close...

USDZAR Eyes Support Levels Ahead of South African GDP

Forex

·Sep 07, 2020, 16:19 BST

The USDZAR pair was higher on the day as traders await second quarter GDP from South Africa. Investors are nervous...

USDZAR Heads for the Lows as Dollar Weakness Continues

Forex

·Nov 23, 2020, 08:24 GMT

USDZAR was 0.30% lower in early trading on Monday as U.S. dollar weakness continues across the market. The Rand is...

USDZAR Holds 15.00 but the Bounce Lacks Strength

Forex

·Dec 14, 2020, 08:19 GMT

USDZAR was lower on the day by 0.8% as the pair struggles to see follow-through above the 15.00 support level. A two-day rally saw the US Dollar trading near 15.20 but the bears are back in control as the week gets underway.