{"id":23602,"date":"2026-02-11T07:44:41","date_gmt":"2026-02-11T05:44:41","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-gains-on-weaker-dollar-ahead-of-key-us-jobs-data\/"},"modified":"2026-02-27T16:34:23","modified_gmt":"2026-02-27T14:34:23","slug":"rand-gains-on-weaker-dollar-ahead-of-key-us-jobs-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-gains-on-weaker-dollar-ahead-of-key-us-jobs-data\/","title":{"rendered":"Rand gains on weaker Dollar ahead of key US jobs data"},"content":{"rendered":"<div>The South African (SA) Rand gained against a weaker Dollar in early trade on Wednesday, as investors digested disappointing retail sales figures and waited for a key labour market report from the United States (US).<\/div>\n<div><\/div>\n<div>The Rand traded at 15.9225 against the Dollar, 0.2% stronger than its previous close.<\/div>\n<div><\/div>\n<div>The Dollar was last down 0.3% against a basket of currencies as traders continued to assess retail sales which unexpectedly stalled in December as households scaled back spending on vehicles and other big ticket items, suggesting a slower growth path for consumer spending and the economy heading into the new year.<\/div>\n<div><\/div>\n<div>Investors now await the non farm payrolls report for January, due later in the day, and inflation data on Friday for more cues on the Federal&#8217;s monetary policy path.<\/div>\n<div><\/div>\n<div>On the domestic calendar this week, an annual mining conference in SA&#8217;s Cape Town, Western Cape Province, which began on Monday continues until Friday, bringing together some of the world&#8217;s top mining investors and government officials to discuss the industry&#8217;s outlook.<\/div>\n<div><\/div>\n<div>SA&#8217;s statistics agency is expected to publish December mining and manufacturing figures on Thursday.<\/div>\n<div><\/div>\n<div>On the Johannesburg Stock Exchange, the Top-40 index was last up 0.1% in early trade.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 government bond was also stronger, as the yield fell 2.5 basis points to 7.955%.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-23602","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Rand gained against a weaker Dollar in early trade on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23602\/revisions"}],"predecessor-version":[{"id":26519,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23602\/revisions\/26519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14374"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=23602"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=23602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}