{"id":43783,"date":"2026-08-26T09:31:05","date_gmt":"2026-08-26T07:31:05","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=43783"},"modified":"2026-08-26T09:31:05","modified_gmt":"2026-08-26T07:31:05","slug":"rand-steady-with-key-us-inflation-data-in-focus","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steady-with-key-us-inflation-data-in-focus\/","title":{"rendered":"Rand steady with key US inflation data in focus"},"content":{"rendered":"<div>The South African (SA) Rand was steady in early trade on Wednesday, with caution \u200bprevailing among investors ahead of key United States (US) \u200cinflation data that could set the tone for the commodity-linked currency.<\/div>\n<div><\/div>\n<div>The Rand traded at \u200b15.9276 against the Dollar, unchanged from \u200bits previous close.<\/div>\n<div><\/div>\n<div>The Dollar remained pinned in \u2060the narrow trading range it has sat in \u200bfor the past week against most major peers \u200bahead of the release of the US Personal Consumption Expenditures (PCE) price index for July, the \u200bFederal Reserve&#8217;s preferred inflation gauge.<\/div>\n<div><\/div>\n<div>Investors are also \u200blooking ahead to the Federal&#8217;s annual Jackson Hole symposium \u200clater \u2060this week for further clues on the US central bank&#8217;s policy outlook.<\/div>\n<div><\/div>\n<div>&#8220;The Rand is benefiting from a lower Dollar and steady to better \u200bcommodity prices,&#8221; \u200bAdam Phillips \u2060of Umkhulu Treasury said.<\/div>\n<div><\/div>\n<div>In the absence of major domestic economic data, the \u200bR<span class=\"x_spanWithBackgroundColor\">and<\/span>, like other risk-sensitive currencies, tends \u200bto \u2060be driven by global factors, including US economic data releases and policy developments.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 \u2060government \u200bbond was slightly firmer in \u200bearly deals, as the yield fell 1 basis point to \u200b8.435%.<\/div>\n<div><\/div>\n","protected":false},"featured_media":13933,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-43783","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand was steady in early trade on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/43783","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\/43783\/revisions"}],"predecessor-version":[{"id":43786,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/43783\/revisions\/43786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13933"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=43783"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=43783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}