Forex Gut Feeling The ZAR has stalled at these levels around 9.8500 as the US$ comes under pressure. The appetite for risk aversion has risen as the markets are bouncing back daily assisting the emerging markets. I still think the level of 9.85 looks a bit bottomish and I expect the ZAR ...
Forex Gut Feeling The ZAR is still holding up well as the US$ comes under pressure. The appetite for risk aversion has risen as the markets bounced back overnight. I till think the level of 10.25 is a psychological barrier and needs to be broken decisively for any further ZAR weaknesses. If ...
Forex Gut Feeling The ZAR has held up well despite a strong USD $ and slipped back above the level of 10.05.The appetite for risk aversion has risen as the markets bounced back overnight. I have said on many occasions that with the turmoil in the market why is the USD $ ...
Forex Gut Feeling The ZAR was under a lot of pressure on Friday all day, as the rate topped the 10.30 level, even after that the ZAR held up well despite a strong USD $ and slipped back above the level of 10.15. I have said on many occasions that with the ...
Forex Gut Feeling The ZAR has reacted and held up well despite a strong US$ and has slipped below the level of 10.00 and there is still no clear direction where it wants to go. The YEN has broken below the 90.00 levels, which has affected the ZAR on the back of ...
Forex Gut Feeling The ZAR has come under pressure yesterday on the back of a strong USD and there is still no clear direction of where it wants to go. The YEN has broken below the 90.00 levels, which has affected the ZAR on the back of risk aversion and carry trades. ...
Forex Gut Feeling Apologies for lack of report, due to technical glitch. The ZAR has come under pressure as there is no clear direction where it wants to go but on the back of risk aversion and carry trades dragged the ZAR weaker. I still think the level of 10.25 is a ...
Forex Gut Feeling Once again as I said yesterday and true to my report as it reached the levels of 10.23 it ran out of steam and corrected back to below the 10.00 levels. I must also say that I am not looking for a huge correction and think today will be ...
Forex Gut Feeling Even though the ZAR has weakened overnight I still think that as it reaches the levels of 10.23 it seems to run out of steam as the days go by due to Export proceeds being exchanged and my feeling is still there will be a correction for a stronger ...
Forex Gut Feeling Even as the market reverberated with the news of the judge's verdict on Zumas case the ZAR was under extreme pressure and by the end of the day was slipping from it lows of the day. There were export dollars pushed into the market as the ZAR touched its ...
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