South Africa's rand retreats after strong U.S. GDP data

JOHANNESBURG (Reuters) - The rand retreated on Tuesday after data showed the U.S. economy grew at its quickest pace 11 years in the third quarter, giving a clear lift to the dollar versus emerging market currencies such as South Africa's. At 1400 GMT, the rand was 0.50 percent weaker, fetching 11.62/dlr, after spending the session in a holding pattern in holiday-thinned trade. The U.S. Commerce Department revised its estimate of gross domestic product growth to a 5.0 percent annual pace fro