# Rand rallies to best level in 7 months as Trump’s Fed comment hits dollar | News24

> The rand strengthened to its best level in seven months, reaching levels last seen in November 2024, after Trump said he had candidates to succeed Federal Reserve Chair Jerome Powell. The dollar came under pressure as markets priced in faster US rate cuts.

- Date: 2025-06-26 · published 2025-06-26T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/24499-rand-rallies-to-best-level-in-7-months-as-trump-s-fed-comment-hits-dollar-news24
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and expectations of lower US rates support emerging-market currencies, lowering import costs for South African feed buyers and supporting commodity prices quoted in dollars.

## Read by commodity

- DXY: bearish ▼
- USDZAR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-18 | [Rand hits best level in months as dollar suffers Trump slump \| News24](https://feedsoft.ai/events/25856-rand-hits-best-level-in-months-as-dollar-suffers-trump-slump-news24.md) | +0.7% | -1.4% |
| DXY | 2025-07-01 | [China yuan hits 8-month high as Trump's tax bill dents dollar — TradingView News](https://feedsoft.ai/events/23995-china-yuan-hits-8-month-high-as-trump-s-tax-bill-dents-dollar-tradingview-news.md) | +0.4% | +1.3% |
| DXY | 2025-08-22 | [Canadian dollar rallies the most in three months as Fed’s Powell signals possible rate cut - The Globe and Mail](https://feedsoft.ai/events/23555-canadian-dollar-rallies-the-most-in-three-months-as-fed-s-powell-signals.md) | -0.7% | -1.1% |
| DXY | 2025-12-24 | [Rand in good Christmas spirits as dollar’s demise sends commodities soaring \| News24](https://feedsoft.ai/events/21778-rand-in-good-christmas-spirits-as-dollar-s-demise-sends-commodities-soaring.md) | +0.0% | -0.7% |
| DXY | 2019-12-11 | [Dollar slips to 4-month low as Fed holds rates, nixes hike hopes](https://feedsoft.ai/events/55754-dollar-slips-to-4-month-low-as-fed-holds-rates-nixes-hike-hopes.md) | -0.6% | -1.0% |

## Sources

- news24.com: https://www.news24.com/business/markets/rand-rallies-to-best-level-in-7-months-as-trumps-fed-comment-hits-dollar-20250626-0546

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.