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Strong Rand

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EkisDoep
Frequent Contributor
I would like to take advantage of the strong ZAR. To my mind one way is to buy U$. Am trying that (ZARU$ CF's) but not very successful. Is another way to invest in the DBX tracker ETF's? Has anybody got any thoughts on this?
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3 REPLIES 3
StanleyB
Contributor
DBX tracker ETF's are good for longer term Rand Hedge investing. Not suitable for trading. During the past 4 months the short periods of relative Rand weakness occured during market pullbacks.
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Not applicable
Buying the euro might be a better longterm play as the dollar is on a downward trend.
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Fredsed
Super Contributor
Expectations are for further Rand strength, but the RSI since mid September (daily) is not yet confirming this sentiment.
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