April 10, 2025 – Written by James Fuller
STORY LINK Pound Rebounds Against Euro and Dollar After US Tariff Pause
Pound Sterling advanced against the euro and US dollar into Thursday’s session after markets reacted dramatically to President Trump’s announcement of a 90-day tariff pause, sharply reducing fears of an immediate global recession.
GBP/USD climbed from lows of 1.2748 to current levels of 1.280, while GBP/EUR rose from 1.1515 to trade at 1.1727.
Although risks persist, market sentiment turned rapidly positive, easing…
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