by Prem Raja | Nov 29, 2020 | Brexit, EU, EUR, FX, GBP, USD
As we closed on Friday we surprisingly saw Sterling give up gains against both the Euro and the Dollar; hitting 1.1125 against the Euro and 1.3305 against the Dollar. The main reason for this was lack of progress on the Brexit deal- and though talks are still...
by Prem Raja | Nov 22, 2020 | Brexit, EU, EUR, FX, GBP, USD
As a whole, I would say that last week was pretty flat for Sterling; we didn’t see much movement in either direction which was pretty typical for the third week of the month- this week however, does have the potential to be different. So what do we have ahead of...
by Prem Raja | Nov 15, 2020 | Brexit, EU, EUR, FX, GBP
It was an interesting week for Pound-Euro exchange rates with rates reaching as high as 1.1275 on Wednesday before dipping to 1.1150 by Friday- and also GBPUSD reaching 1.33 before falling back to the 1.31 area by Friday close. The next Brexit deadline is supposed to...
by Prem Raja | Nov 8, 2020 | Brexit, EU, EUR, FX, GBP, USD
Well, that was one very LONG week! But after a few sleepless nights of watching CNN, we finally have a result on the Elections and Joe Biden and Kamala Harris will be the next President and Vice President of the U.S. It was a big win, but a much tighter win than what...
by Prem Raja | Oct 31, 2020 | Brexit, EU, EUR, FX, GBP, USD
So… It seems the UK has U-Turned on their initial position 2 weeks ago about another Lockdown. As I mentioned 2 weeks ago, it takes the Government around 2 weeks to change their mind, and here we are, another National lockdown is upon us from Thursday- which...
