The South African Government released a press statement late today promising to mitigate and reduce Load-shedding for the foreseeable future past the winter season. In contrast, the US Federal Reserve has yet to release its interest rate decision which we assume will remain the same. These contrasting forces are typical of a trend reversal, especially considering that the US is heading to summer in May, which is a good time to do business. Also, President Trump's birthday is on the 14 of June why not invest in the dollar for the good times to come? The Rand apart from appreciating Gold prices lacks any attraction. I believe that investors are positioning themselves to acquire liquidity to stake in America for the long run
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.