GBP/USD holds flat as markets await tariffs
Portfolio Pulse from
The GBP/USD currency pair remains stable around 1.2900 as markets anticipate President Trump's tariff announcement scheduled for Wednesday evening at 1900 GMT. Investors are on edge, waiting to see the details of the 'reciprocal' tariff package Trump has been discussing since his inauguration.
April 01, 2025 | 11:30 pm
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NEUTRAL IMPACT
The iShares British Pound ETF may experience volatility based on the upcoming tariff announcement and its potential implications for international trade.
The tariff announcement could significantly impact currency exchange rates, potentially affecting the British Pound's value against the US Dollar.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70