Forex forecasts 2021
The year-end is getting closer. What will 2021 bring us? Let’s find out what major banks expect!
Tag - zar - south african rand
South Africa’s GDP and vaccine hopes drove ZAR up
USD/ZAR dropped to the low levels unseen since February as investors foresee the soon global recovery.
Danske Bank forecasts USD/ZAR at 15.00
The South African Reserve Bank left its interest rate unchanged. That allowed the rand to close green yesterday. What to expect today?
Commerzbank’s forecasts on rand
Commerzbank announced its short- and long- term projections on the South African rand. Let’s discuss it in detail.
USD/ZAR: bears are strong
CIBC anticipates USD/ZAR will end 2020 at around 15.15, and 2021 at 14.95.
Societe Generale is bullish on the rand. And you?
Societe Generale, a leading European bank, expressed optimism over the South African rand’s growth. Let's discuss why.
South African Rand is boosted by risk-on mood
Goldman Sachs claims the ZAR may rise further, if global markets keep rallying. Let’s discuss it in detail.