April 3, 2025 – Written by Ben Hughes
STORY LINK US Tariffs: Pound to Dollar Rate at 5-Month Best Rate as Dollar, Equities Crash
President Trump’s announcement of reciprocal tariffs with heavy punishment against China, Japan and the EU, triggered a slump in risk appetite.
The dollar also came under heavy pressure amid fears over the US economy and failed to gain defensive support.
The Pound to Dollar (GBP/USD) exchange rate posted strong gains to 5-month highs just below 1.3100.
The…
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