MNI BRIEF: Daly Says Fed Can Be 'Careful and Deliberate'

MNI BRIEF: Fed Kugler Eyeing Inflation Persistence Over Growth

MNI BRIEF: Fed Framework Review To Revisit FAIT, 'Shortfalls'

MNI BRIEF: Activity Slowdown Required To Help BCB - Guillen

MNI: Kugler Says Fed Could Keep Rates Steady 'For Some Time'

MNI BRIEF: Fed's Williams - Longer Lag To Price Expectations

MNI: US JAN CONSUMER CREDIT +$18.1B

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 486; GAS RIGS 101

BAKER HUGHES CANADA RIG COUNT 234; OIL RIGS 170; GAS RIGS 64

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

ZAR: Trump Social Media Post Prompts 1% Spike in USD/ZAR

ZAR
EM BulletBulletEmerging Market News

Trump post the following on social media: "South Africa is being terrible, plus, to long time Farmers in the country. They are confiscating their LAND and FARMS, and MUCH WORSE THAN THAT. A bad place to be right now, and we are stopping all Federal Funding."

  • Trump adds: "To go a step further, any Farmer (with family!) from South Africa, seeking to flee that country for reasons of safety, will be invited into the United States of America with a rapid pathway to Citizenship. This process will begin immediately!"
  • The post promps a solid spike in USDZAR, with the pair now 1% higher on the session.
104 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Trump post the following on social media: "South Africa is being terrible, plus, to long time Farmers in the country. They are confiscating their LAND and FARMS, and MUCH WORSE THAN THAT. A bad place to be right now, and we are stopping all Federal Funding."

  • Trump adds: "To go a step further, any Farmer (with family!) from South Africa, seeking to flee that country for reasons of safety, will be invited into the United States of America with a rapid pathway to Citizenship. This process will begin immediately!"
  • The post promps a solid spike in USDZAR, with the pair now 1% higher on the session.