BREAKING: USDZAR reverses daily gain on South Africa budget plans

South Africa released a budget plan. The plan sees debt-to-GDP ratio rising reaching 78% in 2027-2028 and economic growth accelerating beyond 2021. The country also plans to achieve cost savings of 160 billion ZAR by cutting state wages over the next 3 years. USDZAR reversed 0.8% daily gain to trade almost 1% lower at one point.

USDZAR plummeted on South Africa’s budget plan announcement (yellow circle). The pair broke below short-term upward trendline but managed to climb back above it. Source: xStation5

29 April 2026, 2:46 PM

BREAKING: Bank of Canada keeps rates unchanged 🇨🇦 📌 USDCAD extends gains 📈

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24 April 2026, 3:46 PM

BREAKING: US Department of Justice Drops Probe Against Powell❗️Dollar slides along bond yields 📉

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