Rand News – The USD remains under pressure due to increasing unemployment levels. Welcome to this weeks Rand News. In our weekly currency roundup this week, we look at some important data released and the affect this has had on the currency market. USD/ZAR News USD/ZAR began the week with bearish impetus as an emerging
Tag Archives: Rand News
13
Nov
Nov
Rand News – USD/ZAR support levels tested around R15.30. In this weeks Rand News, we look at some important data released and the affect this has had on the currency market. USD/ZAR News From starting the week with a Biden victory to ending with a preliminary COVID-19 vaccine from Pfizer, the US held the spotlight
06
Nov
Nov
Get the latest USD/ZAR News sent directly to you each day. In our weekly currency review, we cover all major currency pairs but often like to focus on USD/ZAR News due to how heavily traded the pair is. USD/ZAR News The US Dollar has experienced some big currency swings this week due to elections. On
14
Jun
Jun
We still think this Rand is going higher, and only a close below the short-term trend line will show us better levels down to 13.10’s in the short term. Today I feel we will trade 13.24 – 13.42 range. USD/ZAR Yesterday evening the US Federal Reserve increased US interest rates by another 0.25%, which markets
17
May
May
USD/ZAR – The Rand regained 50% of its losses from Monday/Tuesday Possible best buying today around 12.40 with a move back up to 12.52 highly anticipated. The market is waiting to see what the Federal reserve will do with US interest rates next week. The US Federal Reserve has maintained a fairly hawkish position throughout,
