# Rand feels the pain  – Daily Investor

> The US dollar rose against all G10 currencies ahead of the FOMC meeting and the Treasury quarterly refunding announcement. Risk-sensitive currencies weakened after steep losses in US tech stocks, while the South African rand led emerging market advancers.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/32395-rand-feels-the-pain-daily-investor
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A firmer dollar and weaker risk appetite can pressure dollar-priced commodities, while a stronger rand helps South African importers. The report is a routine market wrap with no new supply or demand driver for feed.

## Read by commodity

- DXY: bullish ▲
- WTI: neutral

## Sources

- dailyinvestor.com: https://dailyinvestor.com/finance/42512/rand-feels-the-pain/

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