USD/ZAR watch: what are you watching?
The rand combines high yields with commodity exposure and political noise — a volatile mix that rewards the careful and punishes the casual.
Post:
- the rand's drivers you weight most
- how the wide spreads shape your trading
- the levels you're tracking
Background: major, minor and exotic pairs for the exotic risk profile.
Background: Major, minor and exotic currency pairs explained
How to read a currency quote, which pairs count as majors, crosses and exotics, and why spreads and risks differ so much between them.
What are the seven major currency pairs?
EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD, USD/CHF and NZD/USD.
What is a cross currency pair?
A pair of major currencies that doesn't include the US dollar, such as EUR/GBP or GBP/JPY.
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