Time to buy the world’s worst currencies

Time to buy the world’s worst currencies

A top strategist, Charlie Robertson, said that these days we could gain from buying emerging-market currencies such as South African rand, Mexican peso and Brazilian real.

He strongly believes that these currencies are ready to reverse as they hit their bottom. In his opinion, this is the cheapest opportunity in over 20 years. Robertson’s main arguments are the upcoming weakness of the US dollar and the financial support of developing countries from the International Monetary Fund and World Bank. In addition, he said that crude oil prices may rise up to $45-50 per barrel in the mid-term with relevant rebound of the Russian ruble.

It’s hard to believe, but Charlie Robertson had already made forecasts that turned to be true. He was right about Romanian bonds in the late 1990s and South Africa’s rand in 2016. Who knows, maybe this time he is correct again.

The analyst's idea is that it's time to sell such pairs as USD/ZAR. 

Let’s have a look at the USD/ZAR chart. The South African rand exceeded the 17.9 mark that equals to the pick of 2016. After that, it returned to this level again.




Latest news

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera