January 21, 2025 – Written by David Woodsmith
STORY LINK Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs
The Pound US Dollar exchange slumped on Tuesday following a tariff announcement from President Trump and the release of the UK’s latest jobs data.
At the time of writing, GBP/USD was trading at approximately $1.2245, down roughly 0.7% from the start of Tuesday’s session.
On Tuesday, the US Dollar (USD) gained significant strength against most of its…
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