by Prem Raja | Feb 27, 2022 | Brexit, EU, EUR, FX, GBP, USD
In last week’s article I mentioned that the focus for exchange rates would be the ongoing tensions between Russia & Ukraine- over the last few days we saw these tensions escalate after Russia began an invasion of Ukraine on February 24th- this kicked off a...
by Prem Raja | Feb 20, 2022 | EU, EUR, FX, GBP, USD
Last week saw more volatility across all markets, mainly due to the Fed and the ongoing situation between Russia & Ukraine. We saw GBPEUR rise from 1.19-1.20 by Friday close, with GBPUSD a little more subdued closing at 1.3580 on Friday. The main reason for the...
by Prem Raja | Feb 13, 2022 | Brexit, EU, EUR, FX, GBP, GDP, USD
We are now 2 months into 2022, and it seems this year is going to be just as eventful as the last couple! We had plenty of announcements and data releases last week which managed to push Sterling exchange rates higher, with GBPEUR closing above 1.19 on the week and...
by Prem Raja | Feb 6, 2022 | EUR, FX, GBP, USD
The stars were aligned last week for a great pump on GBP exchange rates- with the BoE expected to raise rates by 25bps, we were all ready for the 1.20 handle to be pierced following the announcement- and in all fairness, this is exactly what happened. Following the...
by Prem Raja | Jan 30, 2022 | Misc.
Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is...
