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Back Fundamental analysis
GBP/USD Overview – May 6: Trump Goes After the Film Industry
The GBP/USD currency pair traded upward
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The GBP/USD currency pair traded upward during the first half of Monday and downward during the second half. While the U.S. dollar didn't lose much this time, its brief attempt at strengthening was cut short as Donald Trump again stepped into the spotlight. On Monday, he declared that Hollywood was dying because other countries were luring away American studios with lower tariffs.How does this work in practice? An American studio wants to shoot a movie but chooses foreign locations—which are
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