12 Apr 2017
South Africa's Zuma to step down if asked by ANC; USD/ZAR -2.31% on the day
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".