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...
by Prem Raja | Sep 12, 2021 | Brexit, EU, EUR, FX, GBP, USD
Sterling exchange rates (predominantly against the Euro) will enter the next week a lot stronger, after pretty good momentum for Pound to Euro exchange rates over the last few days- despite a pretty risk-off market on stocks and commodities through the latter half of...
by Prem Raja | Sep 5, 2021 | Brexit, EU, EUR, GBP, USD
Towards the end of last week, we saw GBP claw back losses against the U.S Dollar following underwhelming employment figures on Friday. The NFP report came in at 235k which was a huge miss with expectations at 750k jobs created. This data release confirmed that...
by Prem Raja | Aug 30, 2021 | Brexit, EU, EUR, FX, GBP, USD
The last week was pretty much solely focused on Jackson Hole- which ended up being a slightly dull affair by all measures- there was no “informal nod” that QE tapering would be beginning straight away, so it seems we now wait for the Fed meeting in...
by Prem Raja | Aug 23, 2021 | Brexit, EU, EUR, GBP, USD
This week has begun on a slightly quieter note- with the main event being Jackson Hole Thursday-Friday this week- Sterling exchange rates ended last week slightly lower across the board after a surge in the U.S Dollar and some poor UK Data- it was positive to see a...
by Prem Raja | Aug 15, 2021 | EU, EUR, GBP, GDP, USD
We saw GBPEUR exchange rates ease off into the weekend after a very strong start to the week- seeing a high of 1.1830 and closing at 1.1750. The positive news is that Sterling seems well supported in the 1.17 area- and as long as data can support the price it may give...
by Prem Raja | Aug 8, 2021 | EUR, FX, GBP, USD
Sterling exchange rates have seen a couple of weeks of non-stop gains, predominantly against the Euro with exchange rates going above 1.18 on Friday. The latest Bank of England meeting supported Sterling with talk of tapering Quantitative Easing and eventually putting...
by Prem Raja | Aug 1, 2021 | Brexit, EU, EUR, FX, GBP, USD
Sterling managed to recover its losses against the Euro going into the end of July and managed to recover to 1.39 against the Dollar. We saw the Dollar Index strengthen through July which managed to take away momentum from most assets over the last 30 days, but since...
by Prem Raja | Jul 25, 2021 | Brexit, EU, EUR, FX, GBP, USD
It has been yet another volatile week on the FX markets with sentiment being very risk-off on Monday morning and Sterling beginning the week on the back foot, with lows against the Euro of 1.1530 and lows against the U.S Dollar of 1.3570. Amazingly enough, Sterling...
by Prem Raja | Jul 18, 2021 | EU, EUR, FX, GBP, USD
Over the last week, we saw Sterling exchange rates rise above 1.17 against the Euro before closing the week at a level of 1.1650. Sterling has remained slightly weaker against the U.S Dollar as investors have flocked to the Dollar for safety recently given more...
