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The rand was steady on May 29 as traders reviewed South African trade, budget and money supply data. Dollar softness followed reports of a possible 60-day extension of the US-Iran ceasefire.
The rand is tracking global risk sentiment and oil headlines more than local data, so currency moves mainly reflect broader macro drivers. Feed-price impact is minimal.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.