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...
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...
by Prem Raja | Oct 26, 2019 | Brexit, EU, EUR, FX, GBP
It has been an eventful few months since Boris Johnson took over as Prime Minister- we have seen Sterling exchange rates fall by around 7-8% and then bounce back another 5% over the last month, both moves have provided great opportunities for both Sterling buyers and...
