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The rand slipped against a stronger dollar on Tuesday after US data showed job openings above forecasts and firmer services activity. The rand traded at 18.635 per dollar, about 0.3% weaker than its previous close.
Strong US data reduces the chance of Fed rate cuts, supporting the dollar and weighing on emerging-market currencies. The effect on feed prices is minor.
reuters.comJan 7, 2025Not 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.
