# South African Rand Outlook Burnished as Fed Pushes Investors Back to Emerging Markets

> The South African rand slipped from nine-month highs on Thursday as currencies retreated from a steadier dollar. The rand fell against most major currencies, while the dollar rose on thin Thanksgiving liquidity after the Federal Reserve did not signal more December stimulus.

- Date: 2020-11-26 · published 2020-11-26T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/50428-south-african-rand-outlook-burnished-as-fed-pushes-investors-back-to-emerging
- 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

This is currency commentary that describes moves without a commodity-specific cause, so it has no meaningful effect on feed prices.

## Read by commodity

- DXY: bullish ▲
- USDZAR: bullish ▲

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/zar/14616-south-african-rand-outlook-burnished-as-fed-pushes-investors-back-to-emerging-markets

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