Pound Sterling clings to gains against USD amid ambiguity over Trump’s tariff plans
The Pound Sterling grips gains above 1.2300 against the US Dollar in the absence of explicit Trump tariff plans. Trump threatens to impose 10% tariffs on China on February 1, lower than the 60% vowed in the election campaign. Investors expect the BoE to reduce interest rates by 25 bps in February. The Pound Sterling … Read more