by Prem Raja | Dec 6, 2020 | Brexit, EU, EUR, FX, GBP
In all honesty, I think the title of this article really says it all. I have been patiently watching my screens all weekend waiting for something of substance to arrive on my screen which would give us an idea of what to expect next- but maybe my expectations were too...
by Prem Raja | Nov 29, 2020 | Brexit, EU, EUR, FX, GBP, USD
As we closed on Friday we surprisingly saw Sterling give up gains against both the Euro and the Dollar; hitting 1.1125 against the Euro and 1.3305 against the Dollar. The main reason for this was lack of progress on the Brexit deal- and though talks are still...
by Prem Raja | Nov 22, 2020 | Brexit, EU, EUR, FX, GBP, USD
As a whole, I would say that last week was pretty flat for Sterling; we didn’t see much movement in either direction which was pretty typical for the third week of the month- this week however, does have the potential to be different. So what do we have ahead of...
by Prem Raja | Nov 15, 2020 | Brexit, EU, EUR, FX, GBP
It was an interesting week for Pound-Euro exchange rates with rates reaching as high as 1.1275 on Wednesday before dipping to 1.1150 by Friday- and also GBPUSD reaching 1.33 before falling back to the 1.31 area by Friday close. The next Brexit deadline is supposed to...
by Prem Raja | Nov 8, 2020 | Brexit, EU, EUR, FX, GBP, USD
Well, that was one very LONG week! But after a few sleepless nights of watching CNN, we finally have a result on the Elections and Joe Biden and Kamala Harris will be the next President and Vice President of the U.S. It was a big win, but a much tighter win than what...
by Prem Raja | Oct 31, 2020 | Brexit, EU, EUR, FX, GBP, USD
So… It seems the UK has U-Turned on their initial position 2 weeks ago about another Lockdown. As I mentioned 2 weeks ago, it takes the Government around 2 weeks to change their mind, and here we are, another National lockdown is upon us from Thursday- which...
by Prem Raja | Oct 25, 2020 | Brexit, EU, EUR, FX, GBP, USD
After a much needed week off- I am now back on my desk feeling very refreshed and ready for what the market has in store for us for the rest of 2020. Looking at rates over the last week, it seems the Pound to Euro exchange rate came down a little on Friday bringing us...
by Prem Raja | Oct 18, 2020 | Brexit, EU, EUR, GBP, USD
Another volatile week has passed, with plenty of updates on Brexit and new restrictions around the UK. To begin with, all eyes were on the EU Summit this week (Personally I am not sure why, we all knew there was not going to be any breakthroughs this week)- and that...
by Prem Raja | Oct 11, 2020 | Brexit, EU, EUR, FX, GBP, USD
The last week definitely flew by quicker than usual… the risks we had last week are in some ways different to what is ahead of us now- President Trump is now out of hospital and back in the White House, recovered from Covid-19 and promising free treatment for...
by Prem Raja | Oct 4, 2020 | Brexit, EU, EUR, FX, GBP, USD
It was nice to see Pound to Euro and Pound to Dollar exchange rates rise a little over the last week on the back of Brexit talks going a little better than expected. We closed on Friday with GBPEUR above 1.10 and GBPUSD above 1.29 which was a welcome 2% gain on both...
