The ZAR Exchange Rate Thread #2

Rather unusual just before an election.
 
Great news, I'll be sending more ££ over before our move.
 
JayM said:
GNU honeymoon over?

View attachment 1734425
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Got nothing to do with the GNU. The Dollar is rallying.

Rand slumps as dollar gets boost from Trump presidency bets​


The dollar rose on Tuesday as investors weighed the possibility of another Donald Trump presidency after last week's poor debate performance by incumbent Joe Biden.
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That, in turn, boosted the dollar against its main peers, pushing back to 38-year highs against the yen, putting Japanese authorities on alert after they previously warned they were ready to intervene in forex markets to support the unit.
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www.news24.com

Rand slumps as dollar gets boost from Trump presidency bets | Business

The prospect of another Trump presidency fuelled talk of tax cuts and a fresh spike in inflation, pushing up yields and denting hopes for interest rate cuts.
www.news24.com www.news24.com
 
Our badly wounded soldier keeps fighting and zoning in on breaking through to the R17's....
rand_dollar.PNG
 
American unemployment goes up (or is worse than expected) and markets go into turmoil.
South African unemployment goes up and Rand strengthens.
 
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