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A weekly review says the rand weakened about 10 cents over the week to R16.71 per dollar, with the move coming late Friday. The week also saw two Fed officials vote for a hike, a tech stock selloff and gold's worst October since 2008.
A weaker rand raises the rand cost of imported feed ingredients for South African buyers. The broader dollar strength from Fed hike expectations is a mild headwind for dollar-priced commodities.
za.investing.comJames PaynterNov 3, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
