The sterling pound falls as Trump’s tariffs send shock waves to the global economy
The sterling pound (GBP) renounces its intra -recovery movement and collapse about 1,2800 against the US dollar (USD) during the American session on Monday, the lowest level seen in a month. The GBP/USD torque faces an intense mass sale while the US dollar strives to gain ground, with the US dollar index (DXY), which tracks the value of the dollar against six main currencies, seeking to stay above 103.00. Read more…
GBP slides slightly down – Scotiabank
The sterling pound (GBP) is weak, lowering a modest 0.2% against USD and is an intermediate yield between the G10 currencies.
“The response of the United Kingdom Prime Minister, Starmer, to commercial tensions seems to focus on internal measures aimed at regulatory reforms and tax cuts for the sectors affected by US tariff Loss of fees support adds a short -term low risk for GBP. ” Read more…
GBP/USD bounces from a minimum of one month, defends the 200 -day SMA and takes up 1,2900
The GBP/USD torque attracts some buyers at lower levels near the 1,2830 region, or above a minimum of one month reached during the Asian session on Monday and, for now, it seems to have stopped their setback from a maximum of six months reached last week. Cash prices currently quote around the round figure of 1,2900, although the rebound lacks bullish conviction in the middle of a more global global economic panorama. Read more…
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
