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USD/ZAR offers emerge again in the 11.70s

Monday, February 23, 2015 1:49 PM UTC

Source: Thomson Reuters

USD/ZAR better Feb 18 highs but only marginally, off-shore supply touted
Economy backdrop weighs on ZAR, SARB seen on hold with dovish bias
Leverage names said to be good buyers earlier from the 11.66 area
USD has a problem in the 11.74 area but expect the level to go

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USD/ZAR offers emerge again in the 11.70s

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