{"id":822749,"date":"2025-01-29T06:12:42","date_gmt":"2025-01-29T12:12:42","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/29\/pound-sterling-price-news-and-forecast-gbp-usd-drops-as-trumps-tariff-threat-boosts-us-dollar\/"},"modified":"2025-01-29T06:12:42","modified_gmt":"2025-01-29T12:12:42","slug":"pound-sterling-price-news-and-forecast-gbp-usd-drops-as-trumps-tariff-threat-boosts-us-dollar","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/29\/pound-sterling-price-news-and-forecast-gbp-usd-drops-as-trumps-tariff-threat-boosts-us-dollar\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD drops as Trump\u2019s tariff threat boosts US Dollar"},"content":{"rendered":"
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GBP\/USD drops as Trump\u2019s tariff threat boosts US Dollar<\/h2>\n
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The Pound Sterling extended its losses against the Greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries.\u00a0Risk aversion<\/a>\u00a0extended for the second straight day, and the GBP\/USD retreated from weekly highs of 1.2523, trading at 1.2432, down 0.50%. Read More…<\/a><\/p>\n

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Pound Sterling trades cautiously despite UK Starmer anticipates turnaround in economy<\/h2>\n<\/div>\n
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The Pound Sterling (GBP) faces pressure\u00a0against its major peers\u00a0in\u00a0Tuesday’s North American\u00a0session. The British currency trades cautiously despite\u00a0United Kingdom (UK) Prime Minister Keir Starmer’s positive commentary on the economic outlook in an interview with Bloomberg on Tuesday. Starmer said that the number one priority of the Labour government is “growth” and the economy is starting to “turn around.”\u00a0On the outlook of trade relations with the United States (US), Starmer commented:\u00a0\u201cWe\u2019ve got a huge amount of trade between our two countries already and the base is there for even better trading relations. We need to build on that.\u201d Read More…<\/a><\/p>\n

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GBP\/USD drops below 1.2500 due to dovish BoE, Trump tariff plans<\/h2>\n<\/div>\n
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The\u00a0GBP\/USD pair<\/a>\u00a0halts its three-day winning streak as the British Pound (GBP) faces headwinds due to\u00a0growing market expectations of a near-certain rate cut by the\u00a0Bank of England<\/a>\u00a0(BoE) to 4.5% at its upcoming meeting. During Tuesday’s Asian session, the pair trades around 1.2440. Read More…<\/a><\/p>\n<\/div><\/div>\n

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Read More<\/a>
\n Sharie Lupo<\/p>\n","protected":false},"excerpt":{"rendered":"

GBP\/USD drops as Trump\u2019s tariff threat boosts US Dollar The Pound Sterling extended its losses against the Greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries.\u00a0Risk aversion\u00a0extended for the second straight day, and the GBP\/USD retreated from weekly highs of 1.2523, trading at 1.2432, down 0.50%.<\/p>\n","protected":false},"author":1,"featured_media":822750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":["post-822749","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pound","category-sterling"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=822749"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/822749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/822750"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=822749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=822749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=822749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}