The rand was range-bound on Friday afternoon as international developments guided trade in the local currency, with the dollar continuing to gain on the pound.The pound has been on the back foot since UK Prime Minister Theresa May unveiled her "soft" Brexit plan. The market is pricing in uncertainty amid the tough negotiations with the EU that lie ahead.After publicly criticising May’s Brexit strategy, US President Donald Trump said on Friday that the US-UK relationship was "very, very strong".XM.com investment analyst Andreas Georgiou said May’s plan sought frictionless access to the single market for goods, but not for services."This plan is unlikely to be accepted by the EU in its current form, which implied that further negotiations and, potentially, concessions may lie ahead," he said.Trade tension was still in focus on Friday, but investors diverted their attention to the US’s second-quarter earnings season, which is due to begin in earnest when the Dow opens.Major banks JPMor...
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