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South Africa Inflation

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A collection of different international currency notes, including US Dollar, Euro, and Brazilian Real, on a white background.
FORECASTS2H
USD/ZAR Tests 16.00 as Rand Rally Faces Jackson Hole Volatility Risk
USD/ZAR is hovering near the psychologically important 16.00 level after a sharp move lower driven by broad US dollar weakness. Traders are watching 16.03400 resistance, 16.00010 support, and the Jackson Hole Symposium for the next major catalyst.