by Prem Raja | Feb 21, 2021 | EU, EUR, FX, GBP
Over the last week, we saw Sterling continue its outperformance, seeing it rise to 1.15 against the Euro and 1.40 against the U.S Dollar. The main reason for this is still the strong vaccination effort in the UK and the implication that the UK may see restrictions...
by Prem Raja | Feb 13, 2021 | Brexit, EU, EUR, FX, GBP
Last week was rather uneventful for Sterling as we managed to hold the key 1.14 area against the Euro and 1.38 against the U.S Dollar. So far Sterling strength is playing out as we expected, however it is evident that there are limitations to this particular strength....
by Prem Raja | Feb 7, 2021 | EU, EUR, FX, GBP, USD
So far everything is going to plan with Sterling exchange rates; we have seen GBPEUR reach 1.14 and GBPUSD reach above 1.37 over the last week- solely down to the UK’s vaccine rollout in comparison to Europe & America. The exchange rates were also pushed...
by Prem Raja | Jan 31, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week Pound Sterling exchange rates have been comfortably moving higher- albeit at a slow pace (Which in my opinion is a solid proof of trend confirmation)- predominantly against the Dollar and Euro. As I have written in previous articles- the main reason...
by Prem Raja | Jan 24, 2021 | EU, EUR, GBP, USD
Last week we saw some strength in Sterling exchange rates with GBPEUR hitting 1.13 and GBPUSD hitting 1.3750 before pulling back at the end of the week. It seems that the “Vaccine trade” is in full force and with the UK’s so far fantastic rollout of...
by Prem Raja | Jan 17, 2021 | EU, EUR, FX, GBP, USD
Sterling exchange rates ended lower against the Euro and Dollar on Friday after a few days of strength against most G10 currencies. The reason for the initial strength last week was the Bank Of England indicating that the chances of negative interest rates were now...
by Prem Raja | Jan 10, 2021 | EU, EUR, FX, GBP, USD
I must say, the last week has felt like a year! Never have I experienced such an eventful first week of a year in my entire life. It seems 2021 did not want to ease us in and just get straight to it! So let’s quickly run through the goings on of the last week-...
by Prem Raja | Jan 3, 2021 | Brexit, EU, EUR, FX, GBP, USD
I hope you all had a great Christmas and New Year- in a blink it seems we are now in 2021, but fortunately, not carrying some of the baggage from 2020. On Christmas Eve, the Brexit trade deal was agreed and was ratified last week- now, of course, this does not mean...
by Prem Raja | Dec 20, 2020 | Brexit, EU, EUR, FX, GBP, USD
On the Brexit front, we have yet another uneventful weekend- with no real news coming from talks apart from the fact that Brexit negotiators will continue into Monday. On Thursday, the EU made Sunday the deadline for a deal so it could be ratified before Christmas,...
by Prem Raja | Dec 13, 2020 | Brexit, EU, EUR, FX, GBP, USD
Last week became extremely eventful after Boris Johnson’s meeting with EU Commission President Ursulsa von der Leyen seemed to go South and No-Deal preparations were the only headline you could read from Thursday into Friday. The agreement was they would...
