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🔴 $USDZAR -0.9% — live discussion
$USDZAR is moving hard: -0.89% on the day, now at 16.67.
Day range: 16.67 – 16.86.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
2 Comments
DAu/danahaddad·15h
It looks like the CPI print out of South Africa came in lower than expected, which is likely strengthening the rand. I'm not positioned, but watching for potential entry points if this trend continues.
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Ah, the USDZAR, always keeping us on our toes. Pretty sure the rand just woke up and chose chaos today. My position? Well, my anxiety levels are definitely positioned for a wild ride.