The rand was marginally weaker against major currencies in thin trade on Friday morning, despite the dollar sliding further against some of its peers on year-end profit taking. However, the local currency has managed to hold on to most of the gains it has made over the past four days. It hit a fresh two-week best level against the dollar of R13.5542 in earlier trade before falling back above the R13.60/$ level in what is expected to be a shortened trading session ahead of the long weekend. Dow Jones Newswires reports that the euro rose on Friday in Asia, briefly climbing more than two US cents against the dollar, as market participants awaited further details of President-elect Donald Trump's economic policies. Hopes for Trump's fiscal stimulus and stronger growth have boosted the dollar against other currencies such as the euro since early November. It is yet to be seen, however, the dollar will continue to advance in coming months as Trump lays out new economic programmes starting...
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