by Prem Raja | Apr 25, 2021 | EU, EUR, FX, GBP, USD
Over the last few weeks we have seen Sterling exchange rates begin to fall predominantly against the Euro and Dollar as we have seen strength and progress in Europe and the USA’s vaccination programmes- the good news is it seems we will begin to see recovery...
by Prem Raja | Apr 18, 2021 | EUR, FX, GBP, USD
Last week was a relatively bad week for Sterling exchange rates; we saw GBPEUR as low as 1.1460 and GBPUSD as low as 1.3740 before rising again on Friday ending the week higher. Interestingly enough much of the week was spent by analysts looking for reasons why this...
by Prem Raja | Apr 11, 2021 | EU, EUR, FX, GBP, USD
Pound Sterling exchange rates were down across the board over the last week, notably against the Euro and Dollar with GBPEUR seeing lows of 1.1480 and GBPUSD being as low as 1.3660. There a few reasons why we saw this drawdown in GBP- the first is that the...
by Prem Raja | Apr 5, 2021 | EU, EUR, FX, GBP, USD
Yes, you read that correctly- As I am writing this on my day off (And a day we cannot trade)- GBPEUR has hit a new high of 1.18. The recent move in Sterling is still very much in line with the reopening of the UK and the PM’s roadmap. The latest announcement has...
by Prem Raja | Mar 28, 2021 | Brexit, EU, EUR, FX, GBP, USD
After what seemed like a very long week- it seemed that the main topic was vaccination exports and supply- with much news coming from the UK & EU about exports being blocked and supply being lower. This controversial topic was the main subject of the EU Council...
by Prem Raja | Mar 21, 2021 | EU, EUR, FX, GBP, USD
The Dollar was definitely King over the last week- with strength going into the greenback preventing any real meaningful strength into Sterling and Euro. The main topics over the last week was vaccinations and lockdowns, predominantly the use of the Astra Zeneca...
by Prem Raja | Mar 14, 2021 | EU, EUR, FX, GBP
Last week was another strong one for GBP with Pound to Euro rates touching 1.17 briefly on Thursday (For all of 60 seconds) before descending back down to 1.1640. The main reason for Sterling ending the week lower was the risk off play in the U.S Stock market after...
by Prem Raja | Mar 7, 2021 | BTC, EU, EUR, FX, GBP
It has been yet another crazy week on the market- after seeing another 5 days of sell-offs on the U.S Stock market, with the selling also hitting assets such as Gold and Bitcoin. Through all of the selling of these assets, it seems investors found a safe haven in the...
by Prem Raja | Feb 28, 2021 | EUR, GBP, Misc., USD
Over the last week we saw the market being to face sell-offs due to concerns about bond prices and yields- what was positive to see was the Sterling reaction. GBPUSD fell under 1.40 (After a rise to 1.42) and GBPEUR managed to hold 1.15 which gives us a good base for...
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...
