by Prem Raja | Jan 5, 2020 | Brexit, EU, EUR, FX, GBP, GDP
Finally, now Christmas and New Year is out of the way, we can get back on to the markets and see what is ahead of us over the next few weeks! As we entered 2020, Sterling lost the majority of its gains against the Euro and Dollar that we saw after the Election...
by Prem Raja | Dec 8, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, the odds for a Conservative majority to be achieved rose above 70% (On Betfair), which was the catalyst for Sterling rising to 1.1850 against the Euro and 1.3150 against the U.S Dollar. It is clear at this point that the direction for Sterling is now...
by Prem Raja | Dec 1, 2019 | Brexit, EU, EUR, FX, GBP, USD
The markets have been relatively volatile over the last few weeks due to the upcoming General Election- and with opinion polls coming out on a daily basis with different results- I thought now would be a good time to start looking at possible outcomes for the election...
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...
