Thursday, October 15, 2026

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USD/ZAR eased slightly after Q4 growth data

Better than expected Q4 GDP, 1.3% q/q just below Q3 1.4% pace Annual growth of 4.1% vs 1.4% Q3 USD/ZAR fell to 11.6380 after the data but bids soon appeared Leverage names still buying dollars and stops pushed sub-11.580…

By Meredith J C Warren
1 min read
USD/ZAR eased slightly after Q4 growth data
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  • Better than expected Q4 GDP, 1.3% q/q just below Q3 1.4% pace

  • Annual growth of 4.1% vs 1.4% Q3

  • USD/ZAR fell to 11.6380 after the data but bids soon appeared

  • Leverage names still buying dollars and stops pushed sub-11.5800

  • Bond auctions, 2.9/3.7 B/C 2030/2037/2048s 8.045/8.255/8.30% 

 

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By FxWirePro Team