The rand is at ‘a major inflection point’
Initial post-election gains have unwound as global commodity and manufacturing momentum converged with the world rand.
#euro
US dollar: what crisis?
From a peak 13% overvaluation versus major peers heading into January, the US dollar has plunged 7% on a trade-weighted basis in three months – a pace more than twice as fast as during Trump’s first term.
Why I’ve turned positive on the rand
Most of the bad news seems to be reflected in current market prices.
