Rand set for a rebound

[Bloomberg]

Rand set for a rebound

Positioning in the options market suggests South Africa’s rand is poised for a rebound that may be as steep as its rapid decline in December.

 

[FiestaST]

 

[Dups!]

Coming from Daily terror/ Daily disinvestor, I will have to wait to see it.

 

[Corelli]

Its going to R19 and then its going to Trump it at R25.

 

[saor]

You clowns will say anything for clicks.

 

[Speedster]

Its going to R19 and then its going to Trump it at R25.

TDS much?

 

[deweyzeph]

Its going to R19 and then its going to Trump it at R25.

Anyone else seeing good dollar returns on their US shares since the US election? Would suit me just fine for it to drop to R25.

 

[Tongs of Destiny]

Well Standard Bank and Investec said the ZAR/USD would be R15 at years end... ummm that's next week guys?

These finance people really don't know jack ****.

 

[deweyzeph]

Well Standard Bank and Investec said the ZAR/USD would be R15 at years end... ummm that's next week guys?

These finance people really don't know jack ****.

I don't think anyone can say for sure. The world is a clusterf*ck at the moment, anything could happen.

 

[PaulGherkin]

You clowns will say anything for clicks.

 

[PaulGherkin]

Well Standard Bank and Investec said the ZAR/USD would be R15 at years end... ummm that's next week guys?

These finance people really don't know jack ****.

They don't but they SURE EXCEL at FLEECING THE MAN IN THE STREET

 

[Hemi300c]

I disagree because IMO there are sanctions on their way and we ate heading for deeper shyte.

 

[Speedster]

I disagree because IMO there are sanctions on their way and we ate heading for deeper shyte.

No need to worry. If the rand falls we'll just get Nomvula Mokonyane to pick it up again for us.

 

[Bliksis]

Rand set for a rebound

Positioning in the options market suggests South Africa’s rand is poised for a rebound that may be as steep as its rapid decline in December.

Utter halfwit.

 

[Bliksis]

I don't think anyone can say for sure. The world is a clusterf*ck at the moment, anything could happen.

It appears to have always been a clusterfok

 

[Corelli]

Anyone else seeing good dollar returns on their US shares since the US election? Would suit me just fine for it to drop to R25.

The problem is the US dollar seesaws a lot and not substantially to invest in it. Your interest in a dollar account is barely 2% so you would rather need to invest in shares of some item to score. I dumped my couch of dollars at the start of the year, R19.03 then. In September I bought again at 17.10, but with Trump in charge it may actually crash the dollar. America is so deep in debt, their tariffs wont hit their country but their people and products hard. This while China is shipping cheaper and cheaper, it will hurt them a lot.