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 Technicals Point to a Sharp Bounce After Mexico S&P Rating Cut

Forex

·Mar 27, 2020, 09:43 GMT

The UZDZAR pair rose is up by more than 1.25% today as traders react to the US fiscal stimulus and...

USDZAR Tests Recent Lows as U.S. Consumer Confidence Dips

Forex

·Nov 24, 2020, 16:05 GMT

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.

USDZAR Trades Lower As SA Business Confidence Index Improves; Targets 14.54

Forex

·Feb 10, 2021, 10:18 GMT

The USDZAR continued on its downward trend, as the pair was hit by divergent fundamentals this Wednesday. The US Dollar...

USDZAR: 2 Reasons Why the South African Rand is Choking Today

Forex

·Jun 15, 2020, 11:48 BST

The South African rand is in trouble. The currency has declined by more than 1% against the US dollar, 0.87%...

USDZAR: 2 reasons why the South African rand is soaring today

Forex

·Jun 03, 2020, 11:10 BST

The USDZAR pair continued its descent as the South African rand momentum continued to fall. The pair is now trading...

USDZAR: 2 Reasons Why the South African Rand is Spiking Today

Forex

·Sep 01, 2020, 11:06 BST

The USDZAR pair is down by more than 1.3% today, erasing some of the significant gains that were made yesterday....

USDZAR: Bets Rise for a 25 bps Rate Cut by SARB

Forex

·Jan 14, 2021, 13:27 GMT

The USDZAR gained ground this Thursday, as market players have started to price in the possibility of a rate cut...

USDZAR: can rand maintain the momentum as coronavirus cases surge?

Forex

·May 25, 2020, 11:57 BST

The USDZAR was little changed as the South African rand remained steady against the USD. The pair is trading at...

USDZAR: Can the South African rand maintain the momentum?

Forex

·May 19, 2020, 09:29 BST

The USDZAR pair dropped slightly mostly because of the overall weakness of the US dollar. The dollar index, which measures the performance of the USD against a basket of currencies declined by more than 20 basis points.