Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11

Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11

April 10, 2025 – Written by David Woodsmith

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A EUR/USD rally past 1.11 on foreign exchange markets has dragged the Pound Sterling lower against the Euro on Thursday.

The Pound Euro (GBP/EUR) exchange rate weakened on Thursday following US President Donald Trump’s U-turn on his global tariffs.

On Thursday, the Euro (EUR) gained strength against most of its trading partners as Donald Trump announced a 90-day pause on global tariffs for all countries, except China,…
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