Pound approaches five-month high against US dollar battered by tariffs

The pound rose towards a five-month high against the dollar, trading at $1.2938, as president Donald Trump’s ongoing tariff threats continued to inject volatility into global markets. CCY - Delayed Quote • USD As of 9:38:32 GMT. Market open. Goldman Sachs analysts Dominic Wilson and Kamakshya Trivedi said there had been a “sharp re-rating lower” of US assets “on the back of tariff volatility and the environment of broader policy uncertainty created by the new..