# Pound steadies against dollar as US trade tariffs loom

> Sterling held steady against the dollar on Monday at $1.2936 as Britain sought a trade deal to avoid US reciprocal tariffs expected that week. The pound also traded at 83.665 pence per euro.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/25831-pound-steadies-against-dollar-as-us-trade-tariffs-loom
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves shift the cost of US-denominated feed ingredients for UK and European buyers, and tariff uncertainty weighs on global trade flows and risk sentiment.

## Read by commodity

- DXY: neutral
- GBPUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-12-01 | [FOREX-Dollar gains vs yen on US tax reform hopes but sags against euro, pound](https://feedsoft.ai/events/67699-forex-dollar-gains-vs-yen-on-us-tax-reform-hopes-but-sags-against-euro-pound.md) | +0.5% | -0.3% |
| DXY | 2025-02-26 | [US dollar rises as economic, tariff outlook gauged](https://feedsoft.ai/events/26223-us-dollar-rises-as-economic-tariff-outlook-gauged.md) | +0.5% | -1.0% |
| DXY | 2026-04-29 | [Canadian dollar steadies as oil lifts BoC rate hike bets - The Globe and Mail](https://feedsoft.ai/events/19934-canadian-dollar-steadies-as-oil-lifts-boc-rate-hike-bets-the-globe-and-mail.md) | -0.1% | +0.3% |
| DXY | 2025-03-27 | [Dollar mixed, Mexican peso and Canadian dollar drop on auto tariffs](https://feedsoft.ai/events/25795-dollar-mixed-mexican-peso-and-canadian-dollar-drop-on-auto-tariffs.md) | +0.1% | -2.5% |
| DXY | 2026-04-29 | [US Dollar Index steadies near 98.50, all eyes on Fed rate decision](https://feedsoft.ai/events/19920-us-dollar-index-steadies-near-98-50-all-eyes-on-fed-rate-decision.md) | -0.1% | +0.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/pound-steadies-against-dollar-us-trade-tariffs-loom-2025-03-31/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.