GBP/USD remains about 1,2920 while the weak ISM and tariff fears press the US dollar
The sterling pound is quoted with minimal losses against the US dollar after the publication of the last manufacturing PMI of the Supply Management Institute (ISM), suggesting that business conditions are deteriorating, with companies feeling the impact of tariffs. At the time of writing, the GBP/USD quotes in 1,2920, practically unchanged. Read more…
The sterling pound underlines Trump’s reciprocal tariffs
The sterling pound (GBP) weakens in front of its main peers on Tuesday, while the United Kingdom (UK) officials evaluate the possible economic risks of reciprocal tariffs that will be revealed by the president of the United States Donald Trump on Wednesday. Read more…
GBP/USD remains stable while markets expect tariff reaction
The GBP/USD moved in family territory on Monday, forming a known congestion zone while investors prepare for the last iteration of the tariff threats of the US president Donald Trump. The Trump administration is ready to implement a wide catalog of tariffs on practically all US business partners from April 2. 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.
