by Prem Raja | Jul 20, 2025 | EU, EUR, FX, GBP, GDP, USD
It was another tough week for Sterling, dropping to around 1.1530 against the Euro and settling near 1.34 against the Dollar, mostly due to disappointing economic data out of the UK. With July nearly wrapped up, markets typically begin to slow down for the summer—but...
by Prem Raja | Jul 13, 2025 | EU, EUR, FX, GBP, GDP, USD
Sterling faced significant headwinds last week, with disappointing UK GDP numbers on Friday causing substantial weakness. GBPEUR slipped from 1.16 to 1.15, while GBPUSD dropped more sharply from 1.36 down to 1.34, catching many traders off guard. The pullback in...
by Prem Raja | Jul 6, 2025 | EUR, FX, GDP, USD
This week is set to be another volatile one in the financial markets. Following the recent passage of President Trump’s significant tax bill, markets now find themselves in an intriguing position, with traders weighing both economic optimism and geopolitical...
by Prem Raja | Jun 28, 2025 | EU, EUR, FX, GDP, USD
As we close another turbulent month and quarter, currency markets end June on notable highs. GBP/USD finished impressively above 1.37, GBP/AED surpassed the key level of 5.00, and EUR/USD climbed comfortably above 1.17. For those purchasing U.S. Dollars, June was a...
by Prem Raja | Jun 22, 2025 | EU, EUR, FX, GBP, USD
The markets endured yet another week of heightened volatility, driven primarily by escalating geopolitical tensions. After weeks of speculation, President Trump ordered anticipated military strikes targeting Iranian nuclear facilities, confirming direct U.S....