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A forecast from Swissquote analysts expects the USD/ZAR to remain near R14.4 support and recommends selling the pair in the near term. The rand was trading around R14.42 after the dollar softened on expectations of Fed rate cuts.
A forecast of a stronger rand would lower the local cost of imported feed inputs. It is a technical view with limited direct effect on feed prices.
exchangerates.org.ukColin LawrenceMay 23, 2019Not 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.
