The Australian broker IBFX has just announced that it is adding South African Rand to its trading instruments offering. The rand (ZAR) is a commodity currency, but traders tend to overlook it, unlike other commodity currencies like the Canadian, New Zealand, and Australian Dollars (CAD, NZD and AUD). It is, nonetheless, quite the interesting trading instrument, usually paired with the EUR, USD And GBP. Mostly volatile during the European trading session, the spread on the USD/ZAR pair can range between 100 and 2,000 pips. These wide daily ranges can offer traders quite interesting trading opportunities. Another thing ... (full story)