Tariff Panic Subsides, Pound Gains vs Euro, Dollar on Foreign Exchange Markets

Tariff Panic Subsides, Pound Gains vs Euro, Dollar on Foreign Exchange Markets

April 14, 2025 – Written by Tim Boyer

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There are increased hopes on Monday that immediate panic in US markets has subsided.

There has been a recovery in bonds, equities and the dollar, a notable reversal from the sharp losses recorded last week. The dollar, however, edged lower again towards the European close.

The S&P 500 index is around 1.0% higher on the day while the 10-year yield has retreated to near…
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