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USDZAR has now reversed all of its.....>

SOUTH AFRICA
SOUTH AFRICA: USDZAR has now reversed all of its earlier weakness, with some
desk pointing out at the Naspers story: "Naspers Ltd. reduced its stake in
Prosus NV by selling about 1.5 billion euros ($1.7 billion) worth of stock, and
will use the funds to buy back its own shares.". Which look, liked it could have
benefited earlier Rand gains.
Although, did note that the overnight headlines on South Africa and the forward
outlook was less positive, with more long term concerns on Eskom.
**USDZAR is now testing thru the high of the day, and not much in terms of
resistance until 14.4385 now (Prices are BGN)

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