gazza_herh

USDZAR Up or down ?

Short
gazza_herh Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Please do not use these as trading signals
What do you think is it going up or down ?

I still think the $dollar is going to crash hard
Comment:
Something to think about

The United States Government has advised its stakeholders in South Africa to start thinking about disaster management plans for a total collapse of Eskom’s power grid.

Although a blackout remains unlikely, the risk has increased due to how unreliable Eskom’s coal fleet has become. This is evident by the higher levels of load-shedding South Africa is experiencing.

The consequences of a total blackout would also be devastating, making it worth preparing for even if the likelihood is low.

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