The Uganda shilling closed at 3462 on the US dollar. Will report on other currencies when geek fixes laptop. The people who trade the UGX use the USD.
I love this drop on the shilling. Import less and buy Made in Uganda.
Coffee did not move.
Gold is at $1255 after gaining $2 per ounce.
Brent crude oil lost $0.34 and closed at $51.66 per barrel. Is oil going down like ever!!!
Standard and Poor lost 6 points. Formed a good short.
The markets are turning bearish.
Martha Leah Nangalama
I am gonna do a play. Gonna UGX. This is a risk play but it is leveraged. I am seeing many buys at 3475 so I am gonna short.
The UGX support is now 3500. Resistance is 3350.
I have an IT and business background. I trade and own oil shares. I have no financi