{"id":8595,"date":"2012-03-05T14:55:10","date_gmt":"2012-03-05T12:55:10","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-africas-rand-bonds-trading-in-ranges\/"},"modified":"2012-03-05T14:55:10","modified_gmt":"2012-03-05T12:55:10","slug":"s-africas-rand-bonds-trading-in-ranges","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-bonds-trading-in-ranges\/","title":{"rendered":"S.Africa&#8217;s rand, bonds trading in ranges"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Dollar\/rand within ranges of 7.40-7.60<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Support seen at 7.50 to the dollar<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, March 5<\/span> (Reuters) &#8211; South Africa&#8217;s rand<br \/>\nand government bonds held steady on Monday as traders looked<br \/>\nabroad for more direction while importer demand for dollars and<br \/>\nrisk aversion could keep the rand in tight ranges.<\/p>\n<p><span><\/span><\/p>\n<p>This week traders will be eyeing local January manufacturing<br \/>\ndata due on Thursday which could suggest a direction for local<br \/>\nbond yields, while a bond swap between Greece and private<br \/>\ninvestors will keep investors cautious.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Stock markets in the far east are a bit lower this morning,<br \/>\nprobably a bit of early pressure on the rand, we will keep on<br \/>\nwatching the wires for stuff about the euro zone,&#8221; said Ion de<br \/>\nVleeschauwer, a trader at Bidvest Bank said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;It does look like any dips below 7.5 will probably be a<br \/>\ngood buying opportunity for dollars, there is a lot of importer<br \/>\ndemand down there, the euro looks a bit weak again,&#8221; De<br \/>\nVleeschauwer added.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was trading at 7.5352 against the dollar,<br \/>\na little changed from Friday&#8217;s New York close of 7.5185.<\/p>\n<p><span><\/span><\/p>\n<p>Government bonds also saw little movement. The yield on the<br \/>\nbenchmark 2015 issue ticked up half a basis point to<br \/>\n6.675 percent and that on the 2026 bond held steady at<br \/>\n8.295 percent.\t<\/p>\n<p> (Reporting by Vuyani Ndaba, editing by Ed Stoddard)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Dollar\/rand within ranges of 7.40-7.60 * Support seen at 7.50 to the dollar JOHANNESBURG, March 5 (Reuters) &#8211; South Africa&#8217;s rand and government bonds held steady on Monday as traders looked abroad for more direction while importer demand for dollars and risk aversion could keep the rand in tight ranges. This week traders will [&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-8595","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\/8595","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=8595"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8595\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}