The pound US dollar exchange rate has slipped slightly this morning, leaving the paring fluctuating around $1.255. The pound was able to edge up against the US dollar before the weekend in reaction to comments from Federal Reserve chairman Jerome Powell, who increased expectations of a rate cut later this month.
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Pound US dollar exchange rate: GBP/USD fluctuates, markets brace for Fed speech
![Pound US dollar exchange rate: GBP/USD fluctuates, markets brace for Fed speech]()
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15 July
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