Pound Sterling has fallen to a new low against the euro. The US dollar also fell against the euro due to interest rate cut talks. For every one pound it costs 1.1084 euros, or for every euro its 90.22 pence. The dollar fell to $1.3662 against the euro and $1.5294 against the British pound.
The decline in the dollar is due to the uncertainty of the
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This drop can be seen as bitter-sweet. It allows the U.S. to continue to export cheaply to these foreign markets. I think that should be one of our main goals. I think the U.S. needs to increase it's manufacturing output by increasing exports and this should help.
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