BLESSING

steady

[David (TalkingCents) @talkcentss]

The ZAR is a very liquid emerging market currency, if not the most liquid, and is susceptible to massive volatility. This is where the manipulation would come in.

When they say banks manipulated the Rand, they interfered with the bid, offer and spreads. ( thread coming soon)

Banks didn’t make R1 trillion a day, that is most likely the total volume of transactions (willing buyers and sellers exchanging USD to ZAR, and vice versa)

The banks then do the swaps for those transacting and charge a fee by manipulating the bid, offer, and spreads of that transactions.

[David (TalkingCents) @talkcentss]

𝗥𝗮𝗻𝗱 𝗠𝗮𝗻𝗶𝗽𝘂𝗹𝗮𝘁𝗶𝗼𝗻

This is How Currency movements work (Forex) and how banks make money from it.

< THREAD >

[BLESSING @blessingdlamini]

JP Markets is a NO NO . Never again .

[Moneyweb News @Moneyweb]

This ends a multi-year legal battle with the #FSCA, which had asked the court to liquidate the company for operating without an ODP licence.

#Moneyweb

https://t.co/BNxC8zZesl

[Chelsea FC @ChelseaFC]

Let's do this! 🔵

#UCLDraw

[BLESSING @blessingdlamini]

@todd_boehly @ChelseaFC

[Pys @CFCPys]

Get out our club, #PotterOUT.

Boehly and the owners are enemies of progress if this continues. #CFC

[BLESSING @blessingdlamini]

Enough is enough #toddboehly #Chelsea @ChelseaFC

[Conn @ConnCFC]

Todd Boehly, drop the ego, recognise your mistake and sack the man. Potter isn’t good enough.

[Given Mkhari @MkhariGiven]

Being a @ChelseaFC supporter has become self torture week in week out.

[Pys @CFCPys]

Potter has to go. 2 wins in 15, you can’t lose at home to Southampton with the talent we’ve signed, unacceptable.

[BLESSING @blessingdlamini]

NO

[Jim Cramer @jimcramer]

I reiterate it is a bull market

[BLESSING @blessingdlamini]

Potter is not the man for the job @ChelseaFC @todd_boehly . He is clueless. #ChelFul

[BLESSING @blessingdlamini]

We’ve had enough , Potter OUT !!

[Chelsea FC @ChelseaFC]

Full-time at Craven Cottage.

[BLESSING @blessingdlamini]

Graham Potter is not a winning coach, he must go now. Nothing of his suits @ChelseaFC . You can’t fire Tuchel a proven winner for this.

[Frank Khalid OBE @FrankKhalidUK]

We lose 2-1 & i cannot find any positives, what’s your thoughts on the game? #FULCHE

[SA Reserve Bank @SAReserveBank]

The MPC decided to increase the repurchase rate by 75 basis points to 7%, with effect from the 25th of November 2022. Three members of the Committee preferred the announced increase. Two members preferred a 50 basis point increase. #SARBMPCNOV22

[Mercedes-AMG PETRONAS F1 Team @MercedesAMGF1]

New signing, @ManCity? 💙😉

[Scott Galloway @profgalloway]

More than 100 firms affiliated w/FTX are filing for bankruptcy.

[Mercedes-AMG PETRONAS F1 Team @MercedesAMGF1]

Fifth and sixth after the first Q3 runs.

[BLESSING @blessingdlamini]

😳🙆🏾‍♂️

[Watcher.Guru @WatcherGuru]

JUST IN: Genesis' $2.8 billion #crypto lending unit halts withdrawals, citing FTX collapse.

[Formula 1 @F1]

King George 👑

#BrazilGP #F1

[Mercedes-AMG PETRONAS F1 Team @MercedesAMGF1]

P2 IN BRASIL! 👏👏 LEWIS COMPLETES A MERCEDES 1-2 AT INTERLAGOS 💚💛

[BLESSING @blessingdlamini]

Chop & change … experiment. 😩

[Chelsea FC @ChelseaFC]

Let's get it Blues! 🔵

@ParimatchGlobal | #NewChe