Pound Euro Exchange Rate Softens following Trump Tariff Announcement

Pound Euro Exchange Rate Softens following Trump Tariff Announcement

November 27, 2024 – Written by Frank Davies

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The Pound Euro (GBP/EUR) exchange rate slipped on Tuesday following Donald Trump’s proposed tariff plans.

The Euro (EUR) gained ground against most currencies on Tuesday following the revelation of Donald Trump’s latest tariff proposals for the United States.

In the wake of Trump’s election victory less than a month ago, EUR exchange rates had slipped amid market concerns that Trump could introduce…
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