$USDZAR $USD Climbs Against South African Rand -
is on its back foot. That being said, a pullback at this point more likely than not will face a significant amount of support at the 16.50 level, an area that is a round figure that a lot of people pay close attention to.Looking at this move, you can see that we had broken above a significant resistance barrier in that area, and now it looks like we are ready to go much higher given enough time.
South Africa continues to be a place that people won’t want to throw money at right now, as commodities are taking a nosedive. Remember, the South African economy is highly sensitive to hard assets as it is a major commodity producer. If there is in fact going to be a global slowdown, it makes quite a bit of sense thatall suffer.
unless we see massive stimulus again, which given enough time we probably will, currencies like the ZAR will continue to suffer.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
New Mexico woman allegedly stole car with kids inside, mother climbs on hoodA woman in New Mexico allegedly stole a car with two children inside on July 4 in Hobbs, New Mexico.
Weiterlesen »
Mega Millions jackpot climbs to $440 million; Sunday’s Ohio Lottery resultsThe Mega Millions jackpot is an estimated $440 million for the drawing on Tuesday, July 12, 2022.
Weiterlesen »
Man climbs to top of Vincent Thomas Bridge in San PedroThe man pulled over on the bridge, got out and started climbing at around 1 p.m.
Weiterlesen »
Video: Man climbs into Orlando Wendy's drive-thru window and steals cash, police sayPolice need the community's help in identifying a man they say was caught on camera reaching into an Orlando Wendy's drive-through window and stealing an entire cash drawer from the register.
Weiterlesen »
New Mexico woman allegedly stole vehicle with children inside, mother climbs on hoodA New Mexico woman is facing multiple charges after allegedly stealing a vehicle with two children inside on July 4, according to the Hobbs Police Department.
Weiterlesen »