South Africa's Zuma to step down if asked by ANC; USD/ZAR down -2.31% on the day

Felipe Erazo FXStreet

South Africa's President Jacob Zuma stated that he's willing to step down if asked by ANC. At the time of writing, USD/ZAR remains under heavy selling pressure around 13.4731, down -2.31% on the day, having posted a daily high at 13.8325 and low at 13.4648; a decline fueled by recent U.S. President Trump's comments on USD, as he said that the greenback is getting "too strong".

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Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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