Tag: USDZAR
USDZAR Ahead of Election Day II
USDZAR, Daily
With less than a week until Election Day the South African Rand (ZAR) remains pressured from a resurgent USD, as the pair trade...
USDZAR Ahead of Election Day
USDZAR, Daily
South Africa goes to the polls on May 8 to elect a new National Assembly and new members in each province. The economy...
USDZAR steady above 13.80, but still in a narrow range
USDZAR, H4 & Daily
USDZAR has been moving sideways the past 2 days, within the range between the 50- and 200-day exponential moving average, at...
Was the South Africa Rate Hike Necessary?
The short answer is no. But allow me to elaborate.
South Africa has not been economically happy over the past months. The government's proposal to...
USDZAR Rejects Key Level and Breaks Lower
USDZAR, Daily
The drift down in the USDZAR continues and the rejection of last Wednesday's (October 31) high looks to have proved key. The Greenback...
