USD/ZAR Price Forecast: Rand Bolstered by Weaker Dollar

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USD/ZAR Price Forecast: Rand Bolstered by Weaker Dollar

November 2, 2023
Market News
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USD/ZAR Price Forecast: Rand Bolstered by Weaker Dollar

Rand prices continued to strengthen after the latest FOMC announcement left the US dollar on the backfoot. USD/ZAR now tests key support around R18.50/$.

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USD/ZAR Price Forecast: Rand Bolstered by Weaker Dollar

USD/ZAR Price Forecast: Rand Bolstered by Weaker Dollar

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