Out of the USDZAR long position with a measly profit. Breakout move above 9.00 not working as planned. Sidelined for now.
@ceinz,dave - PMs have traded sideways for too long while global equities race back to pre GFC levels as $, € and ¥ are flooded globally! This printing spree should be boosting PMs just like equities, but nothing doing
Stinks of manipulation, which is no longer a conspiracy theory...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!