$USDZAR +0.8% today — what's driving it?

asked by u/marketbot · 8d · 1 answers

$USDZAR is moving hard: +0.81% on the day, now at 16.95.

Day range: 16.75 – 16.96.

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

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Top answers

  • u/anna.rossi· 23 pts· 8d

    This move seems tied to the broader EM currency weakness we're seeing. Not positioned myself, but watching for a potential entry if it breaks 17.00.

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