USD Declines as LEI Signals Further US Economic Weakness The dollar fell Monday as June’s Conference Board LEI 0.1% decline signaled further US economic weakness and US stocks were modestly lower despite better-than-expected Bank of America earnings. The GPB/USD was little changed and the pound fell against its rivals as July’s UK house prices posted the first annual decline since 2002 and BOE MPC member David Blanchflower called for an interest-rate cut to support the weakening UK economy. ...
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