GBP/USD remains stable in the midst of a thin trade for holidays, with concerns about the United Kingdom debt in the focus
The sterling pound (GBP) is at a dead point against the US dollar (USD) on Friday, since the pound faces renewed pressure amid persistent tax concerns. A combination of a feeling of cautious risk, data of non -agricultural payroll (NFP) of the US stronger than expected and political uncertainty in the United Kingdom keeps the pound on the defensive, with the GBP/USD torque fighting to extend its recent profits. Read more…
The sterling pound weakens while the Boarding Law of Foreign Minister Reeves unleashes fiscal risks
The sterling pound (GBP) faces sales pressure in front of its peers on Friday despite the fact that the Treasury Chancellor of the United Kingdom, Rachel Reeves, promised to remain in office until the next elections. Read more…
GBP/USD stabilizes around 1,3650 due to the growing uncertainty about Trump’s tariff plans
GBP/USD maintains its position for the second consecutive day, quoting around 1,3660 during Friday’s Asian hours. The pair remains stable while the US dollar (USD) depreciates, since operators adopt caution, looking for clarity on the plans of US President Donald Trump for tariffs in several countries. On Thursday, Trump told journalists that “it will begin sending letters on commercial tariffs starting Friday.” He added that he would send letters to 10 countries at the same time, establishing tariff rates from 20% to 30%, Reuters reported. 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.
