The USD/ZAR exchange rate rose for four consecutive days as investors reacted to the ongoing tensions between the United States and South Africa. It rallied to a high of 19.05 on Monday, up by 11.5% ...
Tactically, UBS favours selling USD/ZAR upside over short tenors, reflecting the view that the pair is likely to remain ...
The USD/ZAR exchange rate has pulled back in the past few months and is hovering near its lowest level this year.
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