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Tag Archives: USD

Daily Rand Traders View – 11th July 2018

USD/ZAR I thought we would see the market consolidate more yesterday but it looks like we’re seeing a bit of that pull back this morning as traders undoubtedly wait for more information before taking up their positions again. We’re in the middle of nowhere at the moment, your long bull traders are more than likely

South African Rand move back up to 12.52 highly anticipated

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,

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