Pound & Euro JUMP Over 1.2% Against Dollar on Trump Disappoints USD Bulls

Pound & Euro JUMP Over 1.2% Against Dollar on Trump Disappoints USD Bulls

January 20, 2025 – Written by Frank Davies

gbp-to-euro-rate-forecast-4

The Pound to US Dollar (GBP/USD) and Euro to US Dollar (EUR/USD) exchange rates jumped on Monday evening, jumping to 1.23264 and 1.04127, respectively.

Both currency pairs were up at least 1.2% at that time of publishing.

“During his inauguration, Donald Trump made several announcements with significant implications for markets – the focus in FX being tariff policies”…
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