January 9, 2025 – Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate Tests 1.228 on Renewed Trade War Concerns
The Pound to US Dollar exchange rate (GBP/USD) drifted lower on Wednesday as risk-off sentiment took hold of global markets.
The US Dollar (USD) advanced on Wednesday, benefiting from a shift in market sentiment as concerns over trade tensions between the US and China resurfaced.
Renewed fears of a trade war were triggered by speculation that the US could reintroduce steep tariffs on…
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