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Dollar under more pressure as US economy cools

LONDON: The dollar retreated once more on Friday as a Donald Trump-inspired surge petered out and the US reported slowing economic growth. European stock markets rebounded, while oil prices steadied. Wall Street also made a slightly stronger start, as exporting companies stood to gain from the slipping currency. "The dollar found itself under renewed selling pressure during Friday’s trading session despite US President Donald Trump stating that he expects the currency to get 'stronger and stronger'," said Lukman…