We have recently negotiated an arrangement with a trusted partner, Dynamic Outcomes, to provide forecasts on South African Rand exchange rates to our clients. Dynamic Outcomes has been providing forecasts to hundreds of importers, exporters and corporates since 2005. Now you have the chance to take advantage of their expertise. Read on to find out how Dynamic Outcome’s unique service offering can help you mitigate your currency risk.

Forecasts that let you map out the here, now and future

Dynamic Outcomes’ forecasts give a complete roadmap for expected market movements, and provide:

  • Better planning and budgeting based on expected future pricing
  • Easier management of your forex, with organized timelines and structures
  • Improved profit margins though optimizing the timing of your hedging and exchanges
  • Peace of mind, clarity and confidence through making informed, educated decisions

All of this is achieved through giving you quality information which is scientifically-based, objective and free of emotion or sentiment. This is achieved through Dynamic Outcomes’ usage of the Elliott Wave forecasting system and technology.

What should all importers and exporters be worried about?

If you import or export you need to always keep an eye on international currency markets. Exchange rate is the single biggest risk factor for anyone who is an importer, exporter or is heavily involved in forex in another industry. 

It is therefore imperative that your forex risk policy is one that has the following elements:

  • An objective scientifically-based view on market direction that puts the probabilities in your favour and gives you the clarity and peace of mind to make informed decisions
  • A dynamic hedging strategy that protects you in adverse trending conditions but also allows you to benefit when the market is moving in your favour
  • A strategy that can be measured, benchmarked and continually improved on.

Dynamic Outcomes seeks to achieve this with their forecasting service, which covers the three major Rand-based financial markets:

  • USD - ZAR (US Dollar vs Rand)
  • GBP - ZAR (Pound vs Rand)
  • EUR - ZAR (Euro vs Rand)

The forecasts are delivered via an online portal, are updated twice a week, and provide a roadmap as to where the market is likely to head in the following four timeframes for each market:

  • Short-term forecasts (the next few days)
  • Near-term forecasts (the next few weeks)
  • Medium-term forecasts (the next few months)
  • Long-term forecasts (the next few years)

Some examples of the types of forecasts you can expect to receive

A short-term forecast example

A near-term forecast example

A medium-term forecast example

A long-term forecast example

 

Keen to get even more detail?

As well as their industry leading forecasts, Dynamic Outcomes also offers a host of premium features for premium clients. These include:

  • Rand fundamental events
  • Pop-up live charts
  • An FEC (forward rate) calculator
  • Email and SMS rate alerts

Our forex team does not provide this information themselves, as it is done entirely by Dynamic Outcomes, but we have made (and do make) use of their forecasts when we make decisions to optimise the currency risk exposure of some of our corporate clients. It goes without saying then that we can highly recommend Dynamic Outcomes’ service.

To get started with a free trial of their service