{"id":47907,"date":"2026-10-14T09:47:08","date_gmt":"2026-10-14T07:47:08","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=47907"},"modified":"2026-10-14T09:47:08","modified_gmt":"2026-10-14T07:47:08","slug":"rand-edges-up-ahead-of-us-inflation-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-edges-up-ahead-of-us-inflation-data\/","title":{"rendered":"Rand edges up ahead of US inflation data"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">The South African (SA) Rand edged up in early trade on Wednesday as \u200binvestors looked ahead to United States (US) inflation data \u200clater in the day for signals on the Federal Reserve&#8217;s next monetary policy moves.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Rand traded at \u200b16.4550 against the Dollar, about 0.2% firmer \u2060than its previous close.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Dollar index, which \u200bmeasures the greenback against a basket of \u200bcurrencies, fell to 102.1, down 0.35% on Tuesday.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Investor attention was firmly on the US Consumer Price Index report, one of the\u00a0\u200blast major economic releases before the Fed&#8217;s October 27-28 policy meeting.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Traders \u200csee \u2060a 77% chance that the Fed will leave rates unchanged later this month, up from 51% a month ago, while pricing in \u200babout 75 \u200bbasis points \u2060of tightening by late 2027, CME Group&#8217;s FedWatch Tool showed.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">With no \u200bmajor domestic data due, the rand \u200btakes \u2060its cue from global developments, particularly US economic indicators and geopolitical events.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">SA&#8217;s benchmark 2035 government \u2060bond \u200bwas also firmer in \u200bearly deals, as the yield fell 8 basis points to \u200b8.68%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-47907","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Rand edged up in early trade on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47907","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":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47907\/revisions"}],"predecessor-version":[{"id":47909,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47907\/revisions\/47909"}],"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=47907"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=47907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}