GBP/USD dips as trade war tensions mount ahead of US tariff Liberation Day
The Pound Sterling loses ground versus the US Dollar as US April 2 Liberation Day gets closer, in which President Donald Trump is expected to announce additional tariffs to the ones already enacted since March 2. At the time of writing, the GBP/USD trades at 1.2911, down 0.17%. Read More…
Pound Sterling weakens against US Dollar ahead of Trump’s reciprocal tariffs
The Pound Sterling (GBP) drops against the US Dollar (USD) to near 1.2900 in Monday’s North American session. The GBP/USD pair drops as there safe-haven demand of the US Dollar improves ahead of the announcement of reciprocal tariffs by United States (US) President Donald Trump, which he will unveil on the so-called “Liberation Day” on Wednesday. Read More…
GBP/USD attracts some buyers above 1.2950 on weaker US Dollar
The GBP/USD pair gathers strength to near 1.2965 during the Asian trading hours on Monday. The concerns that US President Donald Trump’s tariffs will ignite inflation and dampen economic growth weigh on the US Dollar (USD) and act as a tailwind for the major pair. Read More…
Read the full article here