by Prem Raja | Mar 19, 2023 | EU, EUR, FX, USD
The markets have been all over the place since the closure of SVB last week, which was joined by 5 other small banks as the week went on. The latest issue on the cards is Credit Suisse who are having problems, the issue with this is that Credit Suisse is very much one...
by Prem Raja | Mar 12, 2023 | EU, EUR, FX, GBP, GDP, USD
Last Friday we saw the first major bank failure since 2008 when the Silicon Valley Bank was closed by Regulators- the long and short of the issues with the bank was overexposure to the tech sector and big investments in 10-year treasuries which have been hindered by...
by Prem Raja | Mar 5, 2023 | EU, EUR, FX, GBP, USD
After quite an eventful week on the markets with GBPEUR reaching 1.14 and then retreating back to 1.1320 by Friday’s close and GBPUSD hitting above 1.21 before settling at 1.20- we have a pretty data-packed week ahead which should present opportunities for those...
by Prem Raja | Feb 12, 2023 | Brexit, EU, EUR, FX, GBP, USD
Sterling has been under a lot of pressure over the last month, with the latest release being UK GDP last week which showed that the UK economy shrank a lot more than previously expected in December. The media has taken the underlying number as a positive which...
by Prem Raja | Jan 7, 2023 | EU, EUR, FX, GBP, GDP, USD
We had an interesting first week back on the market with pretty limited data releases and Sterling exchange rates having both strong and weak days against the Euro and Dollar. The main focus for the week was U.S Employment and Non Farm Payrolls- which showed 223k jobs...
