I believe that the Zar/Yen cross will weaken in the short-term. The cross, currently at 9.2620, should test levels of 9.0620 in the next few trading sessions.
Be blessed!
This blog focus on currency trading of the main South African Rand crosses. Ian Koekemoer identifies market trends and consider trading strategies for the Rand against major crosses.
Friday, February 21, 2014
Monday, February 17, 2014
Rand crosses to gain during European session
Rand crosses will show marginal gains for rand during the upcoming European session!
Be blessed!
Be blessed!
Tuesday, February 11, 2014
Rand crosses may improve in short-term
Rand crosses may strenghten in next few trading sessions but the dollar index may strengthen further out which implicates further rand weaknesses further out!
Thursday, February 6, 2014
Fed easing to continue soon. Rand to strenghten against major currencies!
The rand is about to strengten against all its major crosses.
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