Pound Trading Near Lowest in Month Against Dollar as Recovery Slows Down

 

The pound was near its lowest in more than a month against the dollar, headed for a fourth weekly loss, before a report that may show the U.K. services growth slowed last month, boosting concern the recovery may falter.

 

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Euro May Strengthen Versus Pound on Bullish Reversal

 

The euro may advance to a three- month high against the pound after the shared currency’s recent sell-off failed to set a new low for the first time since February, RBC Capital Markets said

 

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