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With all the recent calls for Gordhan to step down....something is brewing in good ol SA. Its as if we are being prepared for another not so smart move....its coming...soon
Time to short the banks with every uptick i say! Long the rand hedges...
I wouldn't disagree. The banks are coming off from overbought levels while the rand hedges are moving up from oversold levels. I also believe the rand is going to weaken further agianst the pound.