February 3, 2025 – Written by Frank Davies
STORY LINK Pound to Euro Hits 1.2 as Dollar Jumps on Trump Tariffs
The Pound Sterling (GBP) rallied past the 1.20 handle against the Euro (EUR) in early Monday trade.
The US Dollar posted significant gains in Asia on Monday following President Trump’s confirmation of tariffs on Mexico and Canada while overall volatility surged.
The Pound to Dollar exchange rate (GBP/USD) slumped to 10-day lows at 1.2250 on dollar strength before a recovery to 1.2295.
The Pound to Euro exchange rate (GBP/EUR)…
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