by Prem Raja | Nov 18, 2019 | USD
As you may have seen, GBPUSD exchange rates have been slowly moving up from the lows of 1.22 in October, to currently trading just below the 1.30 area. To put this in context, A purchase of 200,000 USD is now costing £10,000 less than it would have a month ago! The...
by Prem Raja | Nov 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP
Sterling exchange rates have been a lot more positive over the last week with GBPEUR hitting 1.17 and GBPUSD crossing 1.29. We did briefly see Sterling touch these levels at the end of October, but they didn’t hold for long, and the last time before that was...
by Prem Raja | Nov 10, 2019 | Brexit, EU, EUR, FX, GBP, USD
The Pound has been in a sideways range over the past week against the Euro, floating between the 1.1550-1.1620 range. I believe the reason for this is that the market has currently priced in a Conservative majority for this election- which is currently being reflected...
