Strategic ZAR short
Updated
=> EM is back under pressure on the on the headlines and South Africa are one more time shooting themselves by proceeding the bill passing expropriation of land.
=> When a country does this, your currency is going one way. Land reform is going to keep ZAR vulnerable in an already challenging EM climate.
=> JPY will receive the safe haven flows via risk sentiment
=> GL
=> When a country does this, your currency is going one way. Land reform is going to keep ZAR vulnerable in an already challenging EM climate.
=> JPY will receive the safe haven flows via risk sentiment
=> GL
Trade closed: target reached
=> Cleared first target on the test of 7.142 - Well done here
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