Pound US dollar exchange rate: GBP/USD steadies as US growth slows in second-quarter

US markets were sombre, with expectations for a Q3 growth slowdown and rising fears for a rate cut exerting more downward pressure on the US Dollar. Cailin Birch, a Global Economist at The Economist Intelligence Unit, explained: “The US-China conflict is likely to intensify further – and to increasingly take the shape of non-tariff barriers, such […]

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