Risk Watchdog is not shy about promoting his views to anyone who will listen. Yesterday, I had the opportunity yesterday to talk to a group of potential exporters to East Africa at an event organised by the London Chamber of Commerce and Industry and hosted by Barclays, about why I and my colleagues at Business… [Read more]
Regular readers of RiskWatchdog will recall that back in July, I flagged up the upside potential of several sub-Saharan African currencies. At that time, the units looked well-positioned to appreciate, thanks to rising global risk appetite, bullish technical patterns and the high yields on offer. I am pleased to say that this view has played… [Read more]
In line with my view of a renewed bounce in the US dollar (which is playing out really nicely, by the way), I believe that the recent gains of some sub-Saharan African currencies could be rather short-lived. Indeed, over at businessmonitor.com, I have been highlighting the potential for a rally in the Kenyan shilling, which… [Read more]