Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Emerging Markets: ZAR Volatility Risks Rise as Key Coalition Leader Exits
Abstract：Political uncertainty clouds the South African Rand (ZAR) outlook as John Steenhuisen steps down as leader of the Democratic Alliance, the key partner in the national unity government. Markets are monitoring the fragility of the ANC coalition.
The South African Rand (ZAR) faces increased political uncertainty as the leadership transition within a key coalition partner threatens the stability of the Government of National Unity.
Fragility in the National Unity Government
The DA is a critical partner to the ANC in South Africa‘s fragile Government of National Unity (GNU). John Steenhuisen’s departure raises questions regarding the continuity of the reformist agenda.
Market Reaction
- Asset: ZAR
- Pair: USD/ZAR
- Risk Factor: Democratic Alliance leadership race
Traders are advising caution on USD/ZAR long positions as the market evaluates the DAs next move.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
XeOne Complete Review: Is It Unregulated and Risky? A Detailed Look
WikiFXGeopolitical Risk Radar: Russia Nuclear Treaty Expiry Looms; Iran Weighs Diplomacy
WikiFXKudotrade Review: Safety, Regulation & Forex Trading Details
WikiFXGlobal Markets Rattle: Commodities and Crypto Slump as 'Trump Trade' Fades
WikiFXToyar Carson Limited Review: A Detailed Look at a Risky Broker
WikiFXWarning: VexPro Withdrawal Complaints
WikiFXUSD Resilience: Strong Data Cushions Political Volatility as Trump Targets Fed
WikiFXFXPN Review 2026: Is This Forex Broker Safe?
WikiFXSNB Strategy: Intervention Preferred Over Negative Rates as Inflation Flatlines
WikiFXItaly’s Financial Regulator Expands Crackdown on Unauthorised Investment Websites
WikiFXCurrency Calculator
USD
CNY
Current Rate:0
Amount
USD
Available
CNY
Calculate 