USD/ZAR - US Dollar South African Rand

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MarthinusDeBeer 18 hours ago

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On Monday Trump is back in the White House and I believe it will rally up again

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Bodacious 20 hours ago

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An industrial reneisance works with a weak dollar not a strong one.

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MarthinusDeBeer Jan 15, 2025 11:15PM ET

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Scalp day for pennies and quarters

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MarthinusDeBeer Jan 15, 2025 9:56AM ET

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A weak CPI is a weak Dollar and a strong CPI is a strong Dollar.

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MarthinusDeBeer Jan 15, 2025 5:58AM ET

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In 2h 30m US CPI comes into play

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MarthinusDeBeer Jan 12, 2025 11:52PM ET

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it may hit 20 mark in few weeks time but in my opinion it will float between 18.92 to 19.80 until something happens drastically in South Africa economy

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Bodacious Jan 12, 2025 11:52PM ET

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Actually it depends on the study...that is if you have any faith in it. In this case it was European University

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MarthinusDeBeer Jan 12, 2025 11:52PM ET

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For example. My sister and her husband both work. Together after deduction they have R32k. They bought a house for R673k and both their kids is in school one primary and the other start his first year in high school. Sometimes they have +R400 left or -R700 in red at the end of the month. Groceries take big bite, fuel for work and school, lovely land tax and house installment, municipality, water&electricity. Sometimes big brother need to help them. Luckily their vehicles is paid off. I see many new white people in South Africa loose their jobs by retrenchment or the business owners close shop and move out of South Africa. In the agriculture sector I work in is getting harder for everyone for manufacturing and farmers produces.

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Bodacious Jan 12, 2025 11:52PM ET

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The average house price in S.A. is 1.4 million and the average wage is 28k which as a couple would amount to 56k per month. Also the average household size in S.A. is 3.4 people. The monthly repayment is 14 584 on the 1.4 mortgage.

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MarthinusDeBeer Jan 12, 2025 11:52PM ET

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Bodacious how many South Africans receiving R28k each month. How any receive R16k each month and we can go from R10k, R8k, R6k, R4k, R2,800 R350 each month out of the 63 millions people in South Africa. That small group of R28k is not even close to 40%. Out of the 7.7million what pay taxes is only 43% what receives the promising R28k per month.

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Bodacious Jan 12, 2025 11:52PM ET

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Plenty people earn 28k ...to be in the top 1% you would need 160k a month. or net wealth of 4.4 million. There are 350k high income individuals in S.A. Most of the people I know earn between 40~60k per month. My gardener from Malawi he earns 5k per month

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Mohamed Shaik Jan 10, 2025 1:48PM ET

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wow , dollar is fraud

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MarthinusDeBeer Jan 10, 2025 9:17AM ET

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Stock market looks it will start in the negative possession what will push ZAR up.

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MarthinusDeBeer Jan 10, 2025 9:01AM ET

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I got two buys in on EURUSD from 1.024 and two USDZAR Sells from 19.15 As this start to settle in I going to do more buys and sells for long hold to TPzar1TPzar=18.57 and TPeur=1.0613

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MarthinusDeBeer Jan 10, 2025 8:23AM ET

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7 minutes left for the NoneFarmers PayRoll

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Asif Alifdof Jan 10, 2025 8:23AM ET

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where it will stop?

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