USD/ZAR
USD/ZAR17.50265ZAR
Today
+0.40%
1 Week
-1.45%
1 Month
-1.15%
6 Months
-5.58%
Year to Date
-4.28%
1 Year
-6.92%
Key Data Points
Opening Price
17.46411Previous Closing Price
17.43273USD/ZAR Trading Strategy
Trading Strategy
Alternative scenario: the downside breakout of 17.4420 would call for 17.3600 and 17.3110.
Alternative scenario
below 17.4420, expect 17.3600 and 17.3110.
Comment
the upside prevails as long as 17.4420 is support.
USD/ZAR News
South Africa Gross Domestic Product (YoY): 0.3% (2Q) vs previous 0.5%
South Africa Gross Domestic Product (YoY): 0.3% (2Q) vs previous 0.5%
ZAR: Continuous improvement – Commerzbank
The South African Rand intraday reached a one-year high during yesterday's trading session, pushing USD/ZAR below the 17.7 level.
ZAR: Inflation paves the way for the SARB – Commerzbank
South Africa continues to move in the right direction. In July, prices rose less than expected - inflation was only up 0.4% (non-seasonally adjusted) month-on-month, bringing the year-on-year rate down from 5.1% to 4.6%.
South Africa Consumer Price Index (YoY) dipped from previous 5.1% to 4.6% in July
South Africa Consumer Price Index (YoY) dipped from previous 5.1% to 4.6% in July
South Africa Consumer Price Index (MoM) climbed from previous 0.1% to 0.4% in July
South Africa Consumer Price Index (MoM) climbed from previous 0.1% to 0.4% in July
South Africa Retail Sales (YoY) climbed from previous 0.8% to 4.1% in June
South Africa Retail Sales (YoY) climbed from previous 0.8% to 4.1% in June
