The greenback has strengthened against the Euro and is currently trading around $1.3165.The JSE opened in positive territory, but has just turned negative and is down 0.10%. Markets are looking ahead for the next victim to be bailed out and it looks like Portugal or Hungary could be next.
Market volume should return to normal levels as traders return to their desks after the Thanksgiving weekend.
Anglo American is down 1.18% and the ZAR is currently trading at R7.13 against the dollar. This weakening in the Rand looks to continue as long as the US Dollar gains against the Euro. The next technical level on the ZAR is R7.20/$.
Safe trading
No comments:
Post a Comment