Is it just me or does the Rand look a bit strong against the dollar?
Raising US yields has put some pressure on EM currencies. The rand being one of the most liquid of the lot. Perhaps its time for a correction to R14.90 - R15 over the next 2-3 weeks?
Lets see :)
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
Raising US yields has put some pressure on EM currencies. The rand being one of the most liquid of the lot. Perhaps its time for a correction to R14.90 - R15 over the next 2-3 weeks?
Lets see :)
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
