Pound Sterling slid by half a per cent on the day Germany and the EU signalled a readiness to start spending.
Pound Sterling starts the new week in the red against the Euro; however, the near-term outlook remains constructive, and another weekly gain is possible as tariff risks are high and a European Central Bank rate decision is due.
EU-UK tariff divergence is a real theme for foreign exchange.
U.S. President Donald Trump said the U.S. will raise tariffs on EU imports.
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