美元/南非蘭特看多
US Interest rates, Recession to fuel USDZAR
On average the USDZAR is not having a great time. There's so much emotional and negative news in South Africa, Gold is no more such a great haven and USD looking real strong.
Defaults of Argentina/Turkey and possibly US interest rates can only let the Dollar strengthen more against all emerging currencies.
EURUSD is about to break previous low too.
I see the Currency slip to around 16.28 with ease before it will retract.
Let's see
USDZAR is not having a great time. There's so much emotional and negative news in South Africa, Gold is no more such a great haven and USD looking real strong.Defaults of Argentina/Turkey and possibly US interest rates can only let the Dollar strengthen more against all emerging currencies.
EURUSD is about to break previous low too.I see the Currency slip to around 16.28 with ease before it will retract.
Let's see
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