The rand was firmer against major global currencies on Tuesday morning, strengthening the most against the dollar, with analysts saying the local currency had potential to head back to below the R15/$ level.The dollar was on the back foot due to comments from European Union officials that a deal with the UK over its exit from the political and economic bloc could take place within weeks, analysts said.Speeches by US Federal Reserve officials this week were also adding to this pressure, said Oanda analyst Stephen Innes. There remained some concern in the market that a slowdown in trade, as well as tariff worries that have hit commodity and emerging markets, could provide the Fed with reason to hold off on further monetary-policy tightening.The local focus is on ANC politics and economic data, with President Cyril Ramaphosa due to address parliament later on Tuesday on a raft of issues, including expropriation of land without compensation, and economic deals with China.Manufacturing d...
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