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USD/ZAR offers emerge again in the 11.70s

Source: Thomson Reuters USD/ZAR better Feb 18 highs but only marginally, off-shore supply touted Economy backdrop weighs on ZAR, SARB seen on hold with dovish bias Leverage names said to be good buyers earlier from the 1…

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USD/ZAR offers emerge again in the 11.70s
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Source: Thomson Reuters


  • USD/ZAR better Feb 18 highs but only marginally, off-shore supply touted

  • Economy backdrop weighs on ZAR, SARB seen on hold with dovish bias

  • Leverage names said to be good buyers earlier from the 11.66 area

  • USD has a problem in the 11.74 area but expect the level to go

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