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Author Topic: Live chat  (Read 2973971 times)

Patrick

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« Reply #5100 on: January 24, 2017, 02:10:50 pm »
Yeah just saw that. I hope it holds till next month, I need to send another batch of cash offshore.
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jaDEB

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« Reply #5101 on: January 24, 2017, 02:24:53 pm »
ffs
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jaDEB

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Patrick

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« Reply #5102 on: January 24, 2017, 02:55:10 pm »
I wonder if this is the reason for the added strength: http://www.enca.com/south-africa/time-to-step-down-motlanthe-tells-anc-top-brass
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Orca

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Re: Live chat
« Reply #5103 on: January 24, 2017, 03:21:44 pm »
SA rate hike this afternoon or perhaps Trump said something.
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jaDEB

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« Reply #5104 on: January 24, 2017, 04:37:21 pm »
Remains same - Rate- why is NPN going up vs rant strenght ?
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jaDEB

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Moonraker

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« Reply #5105 on: January 24, 2017, 05:05:18 pm »
In step with BABA - Alibaba Earnings: BABA Crushes Wall Street's Q3 Earnings, Revenue Estimates.

http://www.nasdaq.com/article/alibaba-earnings-baba-crushes-wall-streets-q3-earnings-revenue-estimates-cm737137
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jaDEB

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« Reply #5106 on: January 24, 2017, 07:06:14 pm »
:)
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jaDEB

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Orca

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Re: Live chat
« Reply #5107 on: January 25, 2017, 12:21:54 pm »
Strong ZAR hitting the ICT sector. ADI, EOH....
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Nivek

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« Reply #5108 on: January 25, 2017, 01:37:51 pm »
Is the ZAR strong or the USD weak?
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Orca

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Re: Live chat
« Reply #5109 on: January 25, 2017, 02:25:55 pm »
With the ZAR gaining on all major currencies shows that the ZAR itself is strengthening. It has now reached a point where traders will start to bank profits.
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Moonraker

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Re: Live chat
« Reply #5110 on: January 25, 2017, 04:10:27 pm »
Yes, it is ZAR strength - even against the £ which has gained against both $ and Euro.
Think it has to do with SARB being more hawkish in their rates outlook compared to their
last meeting. Plus of course the upwards momentum in resource prices.
A temporary phenomenon, ZAR is structurally weak even without political influences.
Expect a weaker ZAR towards end 2017. Say 14.20 to the $ ??
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RayRay

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Re: Live chat
« Reply #5111 on: January 25, 2017, 05:42:21 pm »
« Last Edit: January 25, 2017, 05:44:04 pm by RayRay »
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Orca

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Re: Live chat
« Reply #5112 on: January 25, 2017, 06:19:06 pm »
So the $ has peaked. This is good for commodities and ZAR. My prediction of sub 13 is looking real if Z does not move Pravin out.
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gcr

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Re: Live chat
« Reply #5113 on: January 25, 2017, 06:44:38 pm »
Quote from: Orca on January 25, 2017, 06:19:06 pm
So the $ has peaked. This is good for commodities and ZAR. My prediction of sub 13 is looking real if Z does not move Pravin out.
Maybe read "The Rand" thread where some of us made predictions - quite interesting to see that the direction has so far been correct
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Orca

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Re: Live chat
« Reply #5114 on: January 25, 2017, 09:14:13 pm »
All my predictions and warnings have come true. Exactly where I predicted a year ago and my recent 13.5 stagnation happened. The breakthrough below that happened eventually. Reached the 13.25 area that I said will be a strong banking of profits area. Not all posts were done on that thread.
« Last Edit: January 25, 2017, 09:15:57 pm by Orca »
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