South Africa rand buoyed by stronger gold prices as U.S. tariffs kick in | SA News
“Notwithstanding the tariff uncertainty, the ZAR has clawed back more lost ground. Some of that is due to the USD retreating as traders focus on the rising probability of more rate cuts in the U.S., which will erode any remaining carry trade advantage the USD might enjoy,” said ETM Analytics in a note. U.S. imports …
