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President Trump has raised U.S. tariffs to an average of 15.2%, targeting Canada, Asia, and Europe, as part of his push to reshape global trade. Markets and currencies reacted with caution amid rising uncertainty.
South Africa is one of the continent's best safari destinations, offering the Big Five (lion, leopard, buffalo, elephant and rhino) and more in accessible parks and reserves. You can drive right into the epic wilderness at Kruger, Kgalagadi and ot...
CAD/ZAR Outlook: Bearish, as the exchange rate is below its 90-day average and near recent lows, facing downward pressure from key developments.
AUD/ZAR Outlook: Slightly weaker, but likely to move sideways, as the rate trades below its recent average and lacks a clear driver.
EUR/ZAR Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by recent economic dynamics.
GBP/ZAR Outlook: The outlook is likely to decrease, as GBP is trading below its recent average and near recent lows, pressured by economic concerns tied to potential US tariffs.
USD/ZAR Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by tariff concerns affecting the US dollar.
Bias: Bullish, as the ZAR is above the 90-day average and in the upper half of the 3-month range.
Bias: Bearish-to-range-bound, as the current level is below the 90-day average and in the lower half of the 3-month range.
Bias: Bearish-to-range-bound, as the AED is currently below the 90-day average and in the lower half of the 3-month range.
Bias: Bearish-to-range-bound, as the NZD is currently below the 90-day average and in the lower half of the 3-month range.