For the South African market, the BER Business Confidence Index surveys 1,400 business people in the building industry, 1,400 business people in the trade sector, and 1,000 business people in the manufacturing sector. It measures the amount of optimism that senior executives in the companies have in the present and future sales, orders, employment, inventories, and selling prices. The index is measured on a scale from 0 to 100, with 0 representing a great lack of confidence, 50 representing neutrality, and 100 representing extreme confidence.

A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.

Category:  Business Confidence
Units:  Points
Details
Impact: Medium
Country:
Currency: ZAR
Latest Release
Previous: 31
Consensus: 30
Actual: 30
Next Release
Date: Jun 07, 10:00
Time left: 7 days
Consensus: 33

Forex Sentiment (ZAR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDZAR
18.0000
-6676 pips
17.9686
+6990 pips
18.66760
Symbol Action Percentage Volume Positions
USDZAR Short 68% 3.44 lots 61
Long 32% 1.63 lots 9
0% of traders are currently trading USDZAR.
EURZAR
18.4036
-17724 pips
19.8319
+3441 pips
20.17601
Symbol Action Percentage Volume Positions
EURZAR Short 98% 4.77 lots 301
Long 2% 0.08 lots 7
0% of traders are currently trading EURZAR.
ZARJPY
0
-841 pips
8.3001
+11 pips
8.412
Symbol Action Percentage Volume Positions
ZARJPY Short 0% 0.00 lots 0
Long 100% 2.19 lots 17
0% of traders are currently trading ZARJPY.