By Robert Howard — Jan 28 - 02:33 AM
• Cable down to 1.2435 in Asia, as U.S. tariff concerns lifted the dollar
• Bessent pushes universal 2.5% tariff plan that would rise each month - FT
• Trump made fresh remarks about imposing tariffs on Monday
• 1.2435 is lowest level since Monday's 1.2523 top (highest level since Jan 7)
• Monday's low was 1.2426 (as AI market rout buoyed the safe-haven USD)
• UK PM Starmer and Reeves to announce growth-boosting pension reform plans
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters