USDZAR

The USD/ZAR hit traders with plenty of choppy reversals during December, but finished the year near November’s lower values.The USD/ZAR is set to begin trading in 2023 around the 16.97100 price; this is only a sliver higher than the low…

USD/ZAR Overview:Rand Dollar ForecastUSD/ZAR has continued to pursue its move higher as US Dollar strength remains the prominent driver of price action. With South African retail sales declining at a rapid pace, the economy has…

RAND TALKING POINTSCommodity prices buoying rand.ZAR remains stable awaiting NFP stimulus.USD/ZAR FUNDAMENTAL BACKDROPThe South African randheld up against the greenback after global markets feared U.S. House Speaker Nancy Pelosi’s…

U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by traders — sending the dollar to its highest levels of almost 20 years as it jumped…

Long USD/ZAR: Aggressive Fed Marking the End of the Road for Resilient Rand?After a strong Q1 in 2022 for the ZAR (which has been the trend over the past few years), the rand could be in for a turnaround. Before delving into potential…

Rand Price Outlook: The South African Rand has strengthened against its major counterparts ensuing from the release of the second consecutive positive GDP report, further increasing investor sentiment and hopes of an…