Unum flash note on the USDZAR from our Trading Desk analyst, Lester Davids.
Chart 1: USDZAR: We currently trade just below the R14.25 resistance, with the Rand having gained on a weaker USD. The monthly chart shows this to be the top of the bull flag/channel.
Chart 2: Another view (again the monthly chart), shows the potential start of a "right shoulder" of a...
Morning all,
Our Unum Capital Trading Desk analyst @Lester_Davids published a flash note on EM AMEX:EEM this morning:
"Following a stellar two-year run, emerging markets (EM) have been under significant pressure with the selling pressure commencing in January 2018.
The reason?
The surge in the US Dollar (high interest rates) as well as political fallout...
