It's another brainless USDHKD like trade except not insured by a peg...
There is long term government initiatives within interest rates to appreciate the Rand.
And we all know the yen and BOJ wanting to see it much weaker...
We'll see how this plays out but I would like to catalog this as a moment of inflection on this pair with interest rates being the primary driving force.
There is long term government initiatives within interest rates to appreciate the Rand.
And we all know the yen and BOJ wanting to see it much weaker...
We'll see how this plays out but I would like to catalog this as a moment of inflection on this pair with interest rates being the primary driving force.