Tag: USDZAR
Rand proving relatively resilient to market shocks
USDZAR,H4
South Africa's Central Bank (SARB) raised its benchmark interest rate for the second time on Thursday and warned that further gradual increases in borrowing...
US Open – USD, Oil & Yields Higher, Tech Stocks Sell-Off
USA100, H1
Fed Chair Powell will testify (later today) that the economy continues to improve, according to his written testimony released Monday. He will add...
Will the Rand’s strength continue in September?
USDZAR, H8
South Africa's economic growth in the decades following the end of apartheid has been at a pace consistent with other developing countries. However,...
South African Rand Holds Median Line
USDZAR,H4
The South African Statistics Agency Afrika Selatan revealed on Tuesday that the overall unemployment rate rose to 34.4% in Q2 2021. This is a substantial...
USDZAR Focus: Risk Sentiment and SARB Decisions
USDZAR, Daily
The risk sentiment and the SARB rate decision will be the main drivers of USDZAR today (Thursday), amid the domestic strife. It is...
USDZAR rebound requires Validation
The South African Rand has shown resilience since early 2021 by gathering strength at 8.5% against the US Dollar and registering an annual low of 13.3823. And from this low,...
