# Rand slips as commodities stutter - Moneyweb

> The rand weakened against the dollar on Thursday as commodity prices retreated and the greenback gained on expectations of higher US inflation and growth. Lonmin shares fell more than 20 percent after below-forecast quarterly production.

- Date: 2017-01-26 · published 2017-01-26T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/73267-rand-slips-as-commodities-stutter-moneyweb
- 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

A firmer dollar and softer commodity prices pressure emerging-market currencies, while the company-specific platinum miss has no meaningful feed-market effect.

## Read by commodity

- DXY: bullish ▲
- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-slips-as-commodities-stutter/
- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-slips-as-commodity-surge-stutters/

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