The pound has dipped against the US dollar due to the news that Britain’s construction sector shrank in February. Fresh optimism concerning the US-China trade deal continues to serve the dollar well, as commentators speculated that a breakthrough in negotiations could be coming through in just a few weeks.
Despite this, timings and details for a deal remain unclear, causing some analysts to urge caution about how certain these claims of an imminent deal really are. Whether it’s ‘fake news’ or not, the dollar continues to reap the benefits regardless.
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