April 5, 2025 – Written by Tim Boyer
STORY LINK Pound Dives vs Euro and Dollar as $2 Trillion Wiped off US Stock Market
The Pound closed the week sharply lower against the Euro and Dollar after a historic $2 Trillion was wiped off the US stock market.
GBP/EUR traded at 1.17647 and GBP/USD 1.28936 as fear dominated in global markets with strong demand for safe-haven assets.
The S&P 500 index, for example, posted a 4.8% decline, the sharpest slide since 2020 and there have been widespread losses across all…
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