December 3, 2024 – Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Hobbled by Trump Brics Tariff Threat
The Pound US Dollar exchange rate edged lower on Monday as the currency pair was weakened by President-Elect Donald Trump’s comment that he might impose a 100% tariff on members of the Bric nations.
The US Dollar (USD) appreciated against most of its counterparts at the beginning of the week, buoyed by President-Elect Donald Trump’s recent statement.
Over the weekend, Trump…
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