Pound to Dollar Pares Gains Towards 1.30, GBP/EUR Dips to 1.182

Pound to Dollar Pares Gains Towards 1.30, GBP/EUR Dips to 1.182

April 4, 2025 – Written by Frank Davies

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Markets have attempted to rally at times, but the underlying mood has been extremely defensive with serious deterioration in risk appetite as President Trump’s imposition of tariffs on all imports to the US continues to undermine confidence.

Despite the US imposing 20% tariffs on EU exports to the US, the Euro has gained significant defensive support.

The Euro to Dollar (EUR/USD) exchange rate is trading around…
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