The sterling pound is recovered against the US dollar as Trump reveals reciprocal tariffs
The pound sterling (GBP) exhibits a different performance with each of its main peers on Thursday. The perspectives of the British currency seem to be healthier since the president of the United States (USA), Donald Trump, has imposed lower tariffs to the United Kingdom (United Kingdom). Trump imposed a 10% tax on Britain, which was the minimum figure seen in the reciprocal tariff table. Read more…
GBP/USD price forecast: cling to strong profits about the maximum of several months, above 1.3000
The GBP/USD torque wins a strong positive tracking traction for the second consecutive day on Thursday and advances to its highest level since October 2024 during the Asian session. Cash prices are currently negotiated just above 1,3000, with an increase of 0.40% in the day, and seem ready to rise more in the middle of a US dollar (USD). Read more…
GBP/USD rises to try new maximums, absorb Trump tariffs easily
The GBP/USD entered new offers at six months maximum on Wednesday after the Trump administration revealed tariffs that generally turned out to be better than many investors feared, based on the series of tariff threats of President Donald Trump since he assumed the residence in the White House 72 days ago. The exact details of the tariff proposals remain complex, but US consumers can expect to pay a 10% fixed tariff in all imports to the US, together with an additional 25% tariff in all cars and car parts, and varied “reciprocal” tariffs charged at different levels according to the country. Donald Trump also took the opportunity to remind the world that he still intends to issue additional tariff packages about things like copper, microchips and other imported consumer goods that support the entire US economy. 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.
