The sterling pound is stabilized against the US dollar in the midst of BOE warnings on global financial risks
The sterling pound (GBP) is stabilized against the US dollar (USD) on Wednesday, stopping its three -day loss streak despite a stable US dollar, while operators react to the last financial stability report of the Bank of England (BOE). Read more…
The low sterling pound against the US dollar while Trump promises new tariffs
The sterling pound (GBP) drops to about 1,3580 against the US dollar during the European negotiation hours on Wednesday, with the GBP/USD torque in general stable after the president of the United States (USA) Donald Trump threatened with a series of new tariffs on Tuesday. Read more…
GBP/USD is maintained below 1,3600 due to the mood of risk aversion and tax concerns of the United Kingdom
GBP/USD extends its loss streak, quoting around 1,3580 during Wednesday’s Asian hours. The torque depreciates as the US dollar (USD) gains ground in the midst of greater risk aversion. On Tuesday, US president Donald Trump told reporters at a White House cabinet meeting that would impose a 50% tariff to copper imports, but did not say when the tariff would enter into force, according to Reuters. 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.
