Rand Strength May be Fading as Fed Tightening Looks to Fortify USD - DailyFX

The rand has surprised FX markets in 2022 but could be exhausting its bull run with the global financial market backdrop potentially favoring USD/ZAR upside.

USD/ZAR LOOKS TO PIVOT The rand has been on of the most resilient currencies against the US dollar in 2022 but this looks to be changing in line with fundamental factors. 1. Chinese Economy The Ch… [+2247 chars]

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