April 10, 2025 – Written by James Fuller
STORY LINK EUR/GBP Outlook: Pound Dips vs Euro on Drop in UK gilts, Rise in Yields
Pound Sterling is under pressure as gilts drop. EURGBP rose to 0.866 on Wednesday. The S&P500 closed 9.52% higher on Wednesday as Trump paused tariffs at a 10% rate. China was hit with further tariffs as the trade war escalates.
It’s a challenge to keep up with the news flow and manic moves across global markets. Wednesday was perhaps the wildest session of the recent week, and the 9.52% gain…
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