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The rand weakened 0.6% to 12.41 per dollar on Tuesday as rising US bond yields lifted the dollar index. Traders were focused on South African unemployment and retail sales data due that week.
Routine currency commentary driven by US yields; it has no direct implication for feed commodity supply or prices.
moneyweb.co.zaAlexander Winning , ReutersMay 15, 2018Not 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.
