USD/ZAR: Room for the South African Rand to play catch up with ongoing rally in EM FX – MUFG
Analysts at MUFG Bank see the USD/ZAR moving to the downside over the next days.
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Analysts at MUFG Bank see the USD/ZAR moving to the downside over the next days.
Outside of the Russian Rouble, the Rand is the worst EMEA FX performer since 10
Outside of the Russian Rouble, the Rand is the worst EMEA FX performer since 10
USD/ZAR has extended its up move. Economists at Société Générale expect the pair to enjoy
The USD/ZAR is rising 1% on Tuesday at 16.650, amid a strong US dollar versus
The South African rand has made a very impressive recovery from above 16/USD in early
Analysts at MUFG Bank, have a trade idea of a long position of the USD/ZAR,
The South African rand remains by far the worst-performing major over the last three months.
The USD/ZAR is headed toward a modest appreciation over the next quarters according to analysts
Surprisingly, the South African rand remains firm shrugging off civil unrest in the country. Looking