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GBP/USD Sinks Amid Bleak Economic Outlook

Scandinavian Capital Markets

The British pound fell to its lowest levels against the US dollar since April 7th in early trading on Thursday. Grim GDP data resulting from the coronavirus weighed on sterling, while the dollar was lifted by dismissive comments on negative interest rates by Federal Reserve chairman Jerome Powell.

Scandinavian Capital Markets Review

Source: https://scandex.com/2020/05/14/gbp-usd-sinks-amid-bleak-economic-outlook/
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