FX Guys

Pound to Dollar Rate: GBP Fluctuates vs USD on Trump’s Tariff Plans

November 27, 2024 – Written by David Woodsmith

The Pound to US Dollar (GBP/USD) exchange rate saw choppy trading on Tuesday as markets reacted to Donald Trump’s announcement of sweeping new tariffs.

The US Dollar (USD) initially surged during the Asian session on Tuesday following a statement by President-elect Donald Trump, who revealed plans to introduce tariffs on imports from China, Mexico, and Canada on his first day in office.

This…
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