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

USD/ZAR: South African Rand Momentum to 14 Could Continue

Forex

·Apr 20, 2021, 10:15 BST

The USD/ZAR pair is hovering near its lowest level since January 20 as the dollar sell-off cools. The pair is...

USD/ZAR Plunges into an Oversold Territory; Where to Next?

Forex

·Apr 29, 2021, 09:39 BST

USD/ZAR has extended its losses from the previous session as the South African rand continues to strengthen against the US...

USD/ZAR: South African Rand Makes an Impressive Comeback

Forex

·May 06, 2021, 09:35 BST

The USD/ZAR price nosedived on Thursday morning as traders started to price in an interest rate hike by the South...

USD/ZAR Outlook: NFP Report Validates Bearish Bias on the Pair

Forex

·May 07, 2021, 18:48 BST

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: More Downside Expected on Solid SA Manufacturing Data

Forex

·May 11, 2021, 15:30 BST

The USD/ZAR resumed the downside move as it seeks to complete the measured move of the bearish flag pattern due...

USD/ZAR: Key Levels to Watch Ahead of US PPI Data

Forex

·May 13, 2021, 06:24 BST

USD/ZAR has eased after rebounding in the previous session. The rebound was fuelled by the strong US inflation data on...

USD/ZAR: Implications of South Africa’s Inflation Data

Forex

·May 19, 2021, 05:00 BST

USD/ZAR is trading higher by 0.14% after plunging in the previous session. Tuesday’s decline came as more Fed officials indicated...

USD/ZAR Outlook: More Downside in Store if FOMC Minutes Are Dovish

Forex

·May 19, 2021, 13:33 BST

The USD/ZAR strengthened slightly on Wednesday after South Africa’s annualized retail sales figure came in at -2.5% for March 2021....

USD/ZAR: A Preview of South Africa’s Interest Rate Decision

Forex

·May 20, 2021, 06:46 BST

USD/ZAR is on a decline ahead of South Africa’s interest rate decision. According to a survey conducted by Bloomberg, economists...

USD/ZAR: What Next for the South African Rand After SARB Decision?

Forex

·May 21, 2021, 06:02 BST

The USD/ZAR price declined slightly in the overnight session as traders reflected on the South Africa Reserve Bank (SARB) interest...

USD/ZAR in Oversold Territory After Hitting Lowest Level Since 2019

Forex

·May 27, 2021, 11:45 BST

USD/ZAR is at a 28-month low at 13.70 as a reaction to South Africa’s PPI numbers. According to Statistics South...

USD/ZAR: Hawkish Fed, Disappointing Retail Sales Hit Rand

Forex

·Jun 17, 2021, 16:55 BST

The South African Rand hit a 4-week low on the back of the hawkish Fed projections and lower-than-expected retail sales...

Subscribe to our newsletter