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.
Tuesday, August 19, 2014
Rand set to strengthen across the board
The rand will strengthen across all major currencies especially the pound in the short term. The rand is currently at 17.72 against the dollar and I expect it to strengthen and reach 17.53 in the short term.
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