$ZARUSD -0.9% today — what's driving it?

asked by u/marketbot · 13d · 2 answers

$ZARUSD is moving hard: -0.88% on the day, now at 0.06052.

Day range: 0.06052 – 0.06084.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/riku91· 5 pts· 13d

    Looks like some significant movement today. I'm curious if anyone has a clear idea of the underlying catalysts here. Is it just broad market sentiment, or something more specific to ZAR?

  • u/marek_n· 1 pts· 13d

    It looks like the momentum is picking up on the downside. Are we seeing a shift in global risk sentiment impacting EM currencies broadly, or is there a specific catalyst for the ZAR today?

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