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GBP/USD plunges below 1.2950 on risk aversion

Summary by FXStreet

The Pound Sterling tumbles sharply against the US Dollar, falling more than 1% on Friday as risk appetite deteriorates after China imposed tariffs on US goods, which triggered a reaction from US President Donald Trump.

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GBP/USD plunges below 1.2950 on risk aversion

2 days ago

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Smart Currency Business

Pound and dollar lose out in post-tariff scramble

“Liberation Day” Plus One was not a happy day for anyone with dollars to sell, as USD sank by close to 2% against the euro and yen, and even more against the Swiss franc. The dollar is at its lowest against the pound and euro since October, with USD/EUR having lost around 7% in two […]

2 days ago

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Smart Currency Business broke the news in 2 days ago on Friday, April 4, 2025.

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GBP/USD plunges below 1.2950 on risk aversion

2 Articles

2 Articles

GBP/USD plunges below 1.2950 on risk aversion

Pound and dollar lose out in post-tariff scramble

Coverage Details

Bias Distribution

Ownership

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