USD/ZAR Forecast: Positive Week for the Rand with NFPs to Come
Summary
By sueyangfx.com January 07, 2022 at 11:04AM The Rand kicked off 2022 with gusto but a positive dollar outlook could weigh heavily on the EM currency. USD/ZAR trades below 16.00 with fundamentals backing further upside.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
January 07, 2022 at 11:04AM
The Rand kicked off 2022 with gusto but a positive dollar outlook could weigh heavily on the EM currency. USD/ZAR trades below 16.00 with fundamentals backing further upside.