GBP/USD holds steady near 1.2950 as traders brace for UK GDP data

The Pound Sterling stayed firm at nearly 1.2950 against the Greenback on Thursday following the release of economic data from the United States (US).
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US President Trump shifts tariff focus on EU, vows steep import fees on EU wine

After flubbing his planned doubling of tariffs on Canada, which saw Canada poised to lash back with stiff increases in the cost of energy exported from the province of Ontario to the US, US President Donald Trump is shifting his tariff focus to the European Union, but maintaining the same playbook.
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