Euro and Pound Reach Highest Levels Since October 2024

In a significant financial shift, the euro and the pound experienced a notable surge against the dollar this Thursday. This movement comes in the wake of the United States announcing new tariffs on a broad spectrum of countries, including the European Union and the United Kingdom.

By 9:56 am CET, the euro had climbed by 1.05%, trading at $1.09679. Similarly, the pound saw an increase of 0.98%, reaching $1.3135. These figures mark the highest values for both currencies since October 2024, highlighting the immediate impact of the U.S. tariff decisions on global currency markets.