{"id":8076,"date":"2012-02-17T14:08:21","date_gmt":"2012-02-17T12:08:21","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/south-africas-rand-steady-vs-dollar-looks-abroad\/"},"modified":"2012-02-17T14:08:21","modified_gmt":"2012-02-17T12:08:21","slug":"south-africas-rand-steady-vs-dollar-looks-abroad","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/south-africas-rand-steady-vs-dollar-looks-abroad\/","title":{"rendered":"South Africa&#8217;s rand steady vs dollar, looks abroad"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand within ranges<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Market waiting for Greece decision<\/p>\n<p><span><\/span><\/p>\n<p>* Bonds firmer, stock futures up<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, Feb 17 (Reuters) &#8211; South Africa&#8217;s rand<br \/>\nsteadied against the dollar on Friday and was expected to remain<br \/>\nin familiar ranges as dealers bid their time ahead of Monday&#8217;s<br \/>\ndecision on whether Greece will secure a bailout package to<br \/>\navert a chaotic default.<\/p>\n<p><span><\/span><\/p>\n<p>There were no domestic figures coming out during the trading<br \/>\nday, so the rand will continue to take direction from abroad,<br \/>\ntraders said.<\/p>\n<p><span><\/span><\/p>\n<p>Government bonds were slightly firmer in line with the rand.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was at 7.7726 to the dollar in early<br \/>\ntrade, not far from Thursday&#8217;s New York close of 7.7755.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Its just headline driven. At this stage, the market has got<br \/>\nitself short euros or long dollars across the board. This is an<br \/>\novernight squeeze until we get clarity on the Greek story,&#8221; said<br \/>\nIan Martin, a trader at Rand Merchant Bank.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;I think we going to remain choppy,&#8221; Martin added.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand within ranges * Market waiting for Greece decision * Bonds firmer, stock futures up JOHANNESBURG, Feb 17 (Reuters) &#8211; South Africa&#8217;s rand steadied against the dollar on Friday and was expected to remain in familiar ranges as dealers bid their time ahead of Monday&#8217;s decision on whether Greece will secure a bailout package [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8076","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8076"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8076\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}