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🔴 $ZARUSD -0.9% — live discussion
$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. 👇
2 comments · 1 points
$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. 👇
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?
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?