Pound Sterling Steadies Against Euro and Dollar, but Tariff Talk Injects Fresh Fear

Pound Sterling Steadies Against Euro and Dollar, but Tariff Talk Injects Fresh Fear

February 25, 2025 – Written by Tim Boyer

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After sliding to 11-week lows early on Monday, the dollar index bounced back amid fresh concerns over US tariff policy with President Trump insisting that tariffs on Canada and Mexico would go ahead on March 4th.

US rhetoric on tariffs and Ukraine will remain key short-term market elements with further volatility inevitable amid multiple geo-political threats.

Rabobank…
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