Strange Correlation Between USD and African Rand
Updated
The correlation between the African Rand and USD (
USDZAR) is super strange. During both the 2008 and 2016 crisis, we saw the African Rand pump an average of about 50%. Coming into 2020 we see the rand up about 35% with an expected 15-20% move up inbound. Do not trade this, this is my personal take on this and well... I definitely wouldn't take a 19 year old serious if I were you.
Drop a comment and share your thoughts! Thanks
DotcomJack
USDZAR) is super strange. During both the 2008 and 2016 crisis, we saw the African Rand pump an average of about 50%. Coming into 2020 we see the rand up about 35% with an expected 15-20% move up inbound. Do not trade this, this is my personal take on this and well... I definitely wouldn't take a 19 year old serious if I were you.Drop a comment and share your thoughts! Thanks
DotcomJack
Note
The horror may be over for now...
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