USD boosted by Fed taper talk; Focus now shifts to BoE and SARB meetings today.
USD strength persists as markets eagerly await the FOMC meeting.
The new week started with the rand trading at 14,8250. The local unit remained confined to a narrow range for most of the day, trading between 14,7500 and 14,8600.
The rand started the local session trading at 14,5825.
USD trades higher as retail sales rebound.
The rand continues to lose ground relative to the USD along with its emerging-market peers.