The rand could fall to R19/$

[Swa]

So it breached R15. Was that 9 a typo then?

 

[Oopsie]

So I get to laugh now. I called it to 13.8 some time ago but got rebuffed after many fled to the USD despite my warning. I bet they are crying now. The NEWUSD and the DBX's are sucking.

 

[Johnatan56]

So I get to laugh now. I called it to 13.8 some time ago but got rebuffed after many fled to the USD despite my warning. I bet they are crying now. The NEWUSD and the DBX's are sucking.

?


29 Mar 2016 21:00 UTC - 30 Mar 2016 21:08 UTC
USD/ZAR close:14.93548 low:14.83939 high:15.21688
http://www.xe.com/currencycharts/?from=USD&to=ZAR

 

[HavocXphere]

yoh just in time...moved money back to ZA yesterday night.

 

[Creag]

yoh just in time...moved money back to ZA yesterday night.

Are you Forex trading? Just curious.

 

[DrJohnZoidberg]

yoh just in time...moved money back to ZA yesterday night.

K@k timing for me. Salary only comes in on the 1st generally - hope Zuma does something stupid before then.

 

[HavocXphere]

K@k timing for me. Salary only comes in on the 1st generally - hope Zuma does something stupid before then.

Relax...concourt judgement is tomorrow. Some chop from one of the factions in the ruling party will definitely oblige...

 

[Messugga]

Relax...concourt judgement is tomorrow. Some chop from one of the factions in the ruling party will definitely oblige...

Out of all the emerging markets, ZAR has increased the most over the last few weeks. All thanks to the US and their interest rates.

 

[HavocXphere]

Out of all the emerging markets, ZAR has increased the most over the last few weeks. All thanks to the US and their interest rates.

If the US interest rates were the driving force then one would expect the EMs to gain roughly the same.

 

[Swa]

Out of all the emerging markets, ZAR has increased the most over the last few weeks. All thanks to the US and their interest rates.

You mean thanks to our own interest rates?

 

[Alton Turner Blackwood]

Are you Forex trading? Just curious.

Since he's ignoring you: he's a Shaffer working in Europe

 

[krycor]

It's our interest rates and US saying they they stalling increasing theirs for a bit. I'd still not move funds back in terms of etfs while junk status looms.

 

[Hamster]

MyBB investing:

* Lonmin knee jerk reaction - done
* gold knee jerk reaction - done
* Sibanye knee jerk reaction -done
* Kumba knee jerk reaction - done
* DBXWD knee jerk reaction - ...in progress

 

[Hamster]

Important dates for the rand in the coming week

March 31
Zuma Concourt judgment on Nkandla
Could have an impact on investor sentiment towards SA

March 31
SA February trade data
Will reflect performance of SA trade

April 1
US non-farm payroll data
Will reflect relative improvement/deterioration in US economy

April 5
US trade deficit
Will reflect US trade; higher deficit reflects worsening economy

April 7
US consumer credit
Will reflect US consumer indebtedness. Worsening debt worsens impact of raising rates on economy

http://www.moneyweb.co.za/news/economy/where-to-from-here-for-the-rand/

 

[Alton Turner Blackwood]

US Non-farm Payrolls and Unemployment figures to be released in 25 Minutes. Hold on to your seats...

 

[Alton Turner Blackwood]

CALM DOWN BOY!!!
Between 14:29 and 14:31 we swung from 14.75980 right down to 14.69030

It seems to be stabilizing now on 14.73

 

[PsYTraNc3]

:erm: Shhhhh! they're watching us!
14.85 because they saw us rejoicing.

 

[ScottulusMaximus]

:erm: Shhhhh! they're watching us!
14.85 because they saw us rejoicing.

Malema tweeted Zuma refused to resign...

 

[FxJalarupa]

Good news is still bad news and the Fed is still the only game in town...

 

[Arthur]

Meanwhile Gold has had its best quarter in thirty years - since 1986.

2016Q1 gains/losses: