April 3, 2025 – Written by David Woodsmith
STORY LINK Pound Sterling Slides vs Euro After UK 10% Tariff
The Pound to Euro (GBP/EUR) exchange rate fell back overnight, after markets reacted to the April 2 US Tariffs.
At the time of writing, GBP/EUR traded at 1.1951, a 0.41% decline on the daily opening levels.
GBPEUR had struggled for momentum on Wednesday as investors exercised caution ahead of US President Donald Trump’s impending tariff announcement.
The Euro (EUR) found little support on Wednesday as traders hesitated to take…
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