by Prem Raja | Jan 9, 2022 | EU, EUR, FX, GBP, USD
The first official trading week of the year was significantly bullish for Sterling exchange rates; with GBPEUR closing the week at 1.1960 and GBPUSD closing the week at 1.3584 (After a very weak NFP reading). So far, Sterling is the best performing currency of 22...
by Prem Raja | Dec 19, 2021 | Brexit, Crypto, EU, EUR, FX, GBP, USD
Last week saw a week full of Central Bank decisions which ultimately have begun to dictate how exchange rates will look from January 2022- the first major event was the Fed announcing that they will be speeding up their tapering of QE, and begin looking at raising...
by Prem Raja | Dec 12, 2021 | EU, EUR, FX, GBP, USD
Traditionally, December is a relatively illiquid month for the markets- but at the moment, with everything going on- we are seeing plenty of market movement on both the FX and stock markets due to the pandemic and inflation. Unfortunately, depending on what you are...
by Prem Raja | Nov 28, 2021 | EU, EUR, FX, GBP, USD
On Friday we saw a pretty deep sell-off across all markets (FX, Cryptocurrencies & Equities) following news of the Omicron Variant and countries beginning to react. We have already seen numerous countries across Europe begin to put in restrictions over the last...
by Prem Raja | Nov 21, 2021 | Brexit, EU, EUR, FX, GBP, USD
The Pound had a great week last week after a number of supportive data releases in the UK including positive employment numbers, rising inflation, and an improvement in Retail spending. All three of these have now put the idea of an interest rate hike from the BoE...
by Prem Raja | Nov 14, 2021 | EU, EUR, FX, GBP, USD
November has already shown itself to be a very volatile month with ranges on GBPEUR between 1.16-1.18 and GBPUSD ranges between 1.33-1.36. Of course, the main reasons for this volatility were due to Central Bank decisions- the first being the Fed beginning their...
by Prem Raja | Nov 6, 2021 | Brexit, EU, EUR, FX, GBP, USD
This last week was pretty rough for Sterling exchange rates- as I explained in my previous article there were two major events last week, the Fed and the BoE. The market had been positioning for the Bank of England to raise interest rates in November/December with two...
by Prem Raja | Oct 31, 2021 | Brexit, EU, EUR, FX, GBP, USD
October was a relatively strong month for Sterling with pretty hawkish comments coming from the Bank of England over the month giving markets an opportunity to begin pricing in interest rate hikes before 2022- and more next year. We have seen GBPEUR rise from 1.15 to...
by Prem Raja | Oct 17, 2021 | EU, EUR, FX, GBP, USD
It was a great week for Euro buyers following hawkish commentary from the Bank of England stating that interest rates may have to go up in November/December which pushed the GBPEUR price to 1.1850- the highest we have seen since the pandemic began. The reason for the...
by Prem Raja | Oct 3, 2021 | EU, EUR, FX, GBP, USD
Last month was an EXTREMELY volatile week for Sterling- with GBPEUR falling to 1.1550, GBPUSD falling to 1.34, and EURUSD also falling to 1.1560. Now, if you were to read the tabloids, you would think this was happening because of the so-called petrol crisis in the...
