2021 currencies in review – TreasuryOne’s Andre Cilliers
TreasuryOne’s Currency expert Andre Cilliers looks at the rand and several other currencies’ performance relative to the US dollar in 2021.
TreasuryOne’s Currency expert Andre Cilliers looks at the rand and several other currencies’ performance relative to the US dollar in 2021.
The rand has shown considerable strength lately and TreasuryONE’s Andre Cilliers says he hopes the currency will give up some of its gains.
TreasuryONE’s Andre Cilliers maintains a positive outlook for the rand, saying its stability should continue for the rest of 2021.
The Johannesburg Stock Exchange reached its highest level since August this year.
Sanctions against Zimbabwe pale into insignificance when an entire nation has been impoverished by a currency decision.
The best way to protect your wealth is to put some of it outside the country so it is immune from the vagaries of rand’s decline.
When the spike in volatility starts to ease, watch for these unlikely candidates to emerge as potential carry-trade winners: the South Korean won and Malaysian ringgit.
The US dollar’s decline may mean higher prices, higher inflation and higher interest rates. it also means looking a gold as an investment.
Currencies in Brazil, South Africa and Turkey have lost about 20% of their value against the dollar this year, and may not recover until next year, analysts say.
Fred Razak of CMTrading sets out how to get started in the world of day trading, provides pointers on how to make money in stocks, currencies and more.