USDZAR soars on oil, USD demand

USDZAR is one of the biggest movers this Tuesday supported both by surging oil prices and USD demand. A spike in short term US dollar market interest rates does not serve emerging markets while South Africa relies on oil imports – that’s the reason USDZAR is moving up by over 1%. Moreover, USD has been supported by strong report on industrial output (+0.6% m/m). The pair has rebounded from support of 14.55 and faces resistance around 15.10.

21 April 2026, 13:30

BREAKING: U.S. sales above expectations!

21 April 2026, 07:32

GBPUSD slightly up after stronger than expected UK labour market data

21 April 2026, 07:25

Surprise fall in the UK unemployment rate, as changes ahead at Apple

20 April 2026, 08:58

The Week Ahead

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