Currency prediction based on a predictive algorithm.

Summary:

• South African Rand (ZAR) falls with the build-up to Moody’s credit review.
• British Pound Surges with the pairs: GBP/NZD +1.82%, GBP/EUR +1.29% and the GBP/CAD +1.31%.
• Investors still seem to appear optimistic in terms of the future viability of the Pound and continue to invest in it.

South African Rand Falls

South African Rand (ZAR) falls with the dollar rand +1.74% and the euro rand +1.32% over the two week period from 13^th March to the 27^th March. Following the build-up to Moody’s review of South Africa’s credit rating with the large proportion of investors expecting a negative response the South African Rand has steadily dropped over the past couple of weeks.

Despite Brexit Uncertainty British Pound Surges

British Pound Surges with the pound kiwi +1.82%, pound euro +1.29% and the pound loonie +1.31% between the two week period from 13^th March to the 27^th March. Failure for the UK lawmakers to secure a post Brexit deal has shed considerable uncertainty to the future of the EU and UK resulting in a continued fluctuation of the pound sterling. However, investors still seem to appear optimistic in terms of the future viability of the Pound and continue to invest in it.

How to interpret this diagram

These currency forecasts were sent to the current I Know First subscribers on the 13^th March.

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Please note-for trading decisions use the most recent forecast.