EURZAR
18.38158
(+3.94%)
Supply/demand: 18.38158/18.43778
Day range: /
Close: 18.4300
Open: 18.4300
EUR/ZAR: reflects the rate of euro to the South African rand. It’s a cross rate, extremely volatile that may reach 2,500 pips a day. Trading activity peaks during the European trading session. Due to its high volatility, the par can be used for scalping, since it allows for quick profit.
The pair’s closest positive correlation is with USD/ZAR.
South Africa is a resource-based economy, which means that the ZAR rate heavily depends on the prices of raw materials, diamonds, non-ferrous and precious metals. The currency’s price is hugely affected by the country’s balance of trade.
Main factors influencing EUR/ZAR:
—employment in both countries;
—major economic indicators of South Africa and EU;
—monetary policy of the banks;
—statements by the officials of the central banks of both countries.
The pair’s closest positive correlation is with USD/ZAR.
South Africa is a resource-based economy, which means that the ZAR rate heavily depends on the prices of raw materials, diamonds, non-ferrous and precious metals. The currency’s price is hugely affected by the country’s balance of trade.
Main factors influencing EUR/ZAR:
—employment in both countries;
—major economic indicators of South Africa and EU;
—monetary policy of the banks;
—statements by the officials of the central banks of both countries.
| Instrument | Bid | Ask | Spread | Percentage |
|---|---|---|---|---|
| AUDCAD | 0.96970 | 0.97084 | 0.1 | +7.51% |
| AUDCHF | 0.56316 | 0.56394 | 0.1 | -11.57% |
| AUDJPY | 108.793 | 108.897 | 0.1 | +16.21% |
| AUDNZD | 1.23729 | 1.23927 | 0.1 | +14.65% |
| AUDUSD | 0.68657 | 0.68692 | 0.1 | +1.51% |
| CADCHF | 0.58036 | 0.58127 | 0.1 | -17.90% |
| CADJPY | 112.128 | 112.232 | 0.1 | +7.93% |
| CHFJPY | 193.020 | 193.263 | 0.1 | +31.59% |
| CHFSGD | 1.56186 | 1.56509 | 0.1 | +7.34% |
| EURAUD | 1.62155 | 1.62287 | 0.1 | +5.40% |
| EURCAD | 1.57326 | 1.57470 | 0.1 | +13.37% |
| EURCHF | 0.91367 | 0.91474 | 0.1 | -6.96% |
| EURGBP | 0.83395 | 0.83481 | 0.1 | -2.88% |
| EURHKD | 8.73112 | 8.73619 | 0.1 | +7.48% |
| EURJPY | 176.498 | 176.646 | 0.1 | +22.48% |
| EURNOK | 10.5377 | 10.5610 | 0.1 | +2.19% |
| EURNZD | 2.00747 | 2.01026 | 0.1 | +20.84% |
| EURRUB | 95.56000 | 95.66250 | 0.1 | +53.30% |
| EURSEK | 11.02024 | 11.03196 | 0.1 | +1.87% |
| EURSGD | 1.42782 | 1.43044 | 0.1 | -0.23% |
| EURUSD | 1.11386 | 1.11423 | 0.1 | +7.06% |
| EURZAR | 18.38158 | 18.43778 | 0.1 | +3.94% |
| GBPAUD | 1.94317 | 1.94539 | 0.1 | +8.61% |
| GBPCAD | 1.88528 | 1.88756 | 0.1 | +16.78% |
| GBPCHF | 1.09485 | 1.09648 | 0.1 | -4.12% |
| GBPDKK | 8.95332 | 8.96422 | 0.1 | +3.57% |
| GBPJPY | 211.508 | 211.730 | 0.1 | +26.10% |
| GBPNOK | 12.6226 | 12.6597 | 0.1 | +5.35% |
| GBPNZD | 2.40554 | 2.40972 | 0.1 | +24.56% |
| GBPSEK | 13.19645 | 13.23047 | 0.1 | +4.77% |
| GBPSGD | 1.71096 | 1.71441 | 0.1 | +2.76% |
| GBPUSD | 1.33475 | 1.33562 | 0.1 | +10.25% |
| NZDCAD | 0.78284 | 0.78429 | 0.1 | -6.26% |
| NZDCHF | 0.45458 | 0.45558 | 0.1 | -22.99% |
| NZDJPY | 87.831 | 87.969 | 0.1 | +1.28% |
| NZDSGD | 0.71035 | 0.71244 | 0.1 | -17.51% |
| NZDUSD | 0.55426 | 0.55493 | 0.1 | -11.49% |
| USDCAD | 1.41249 | 1.41333 | 0.1 | +5.90% |
| USDCHF | 0.82026 | 0.82096 | 0.1 | -12.99% |
| USDCNY | 6.6718 | 6.6746 | 0.1 | -6.91% |
| USDDKK | 6.70817 | 6.71147 | 0.1 | -6.06% |
| USDHKD | 7.83904 | 7.84007 | 0.1 | +0.42% |
| USDJPY | 158.457 | 158.531 | 0.1 | +14.38% |
| USDMXN | 18.6122 | 18.6336 | 0.1 | -3.85% |
| USDNOK | 9.4574 | 9.4812 | 0.1 | -4.51% |
| USDRUB | 81.85898 | 82.02677 | 0.1 | +35.91% |
| USDSEK | 9.88877 | 9.90395 | 0.1 | -4.88% |
| USDSGD | 1.28177 | 1.28370 | 0.1 | -6.79% |
| USDTRY | 50.05892 | 50.21101 | 0.1 | +169.91% |
| USDZAR | 16.49504 | 16.54496 | 0.1 | -2.85% |
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EURZAR
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Economic calendar
| Time | Country | Importance | Event | Past | Forecast | Fact |
|---|---|---|---|---|---|---|
| 03:00 / 08.11.26 | Singapore | Deepavali | ||||
| 03:00 / 08.11.26 | India | Diwali |
Economic Calendar is one of the most important tools in trading.
Reading the economic calendar is easy. It displays all the events that can affect the direction of the market and helps traders make educated decisions.
What financial news is the most important? First of all, it's interest rates, GDP, employment data, new home sales, inflation. Become our client to get full access to all our analytical materials.
