by Prem Raja | Feb 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, UK PM, Theresa May suffered another defeat in the House of Commons- Brexit is still the main driver for the Pound at the moment and as March 29th keeps getting closer and closer- it seems the volatility is not going to slow down. Though negotiating tactics...
by Prem Raja | Feb 10, 2019 | Brexit, EU, EUR, GBP, USD
Sterling exchange rates have experienced a lot of volatility over the last week- the first part of volatility was due to BoE Governor Mark Carney making comments about the UK economic outlook, most of which were negative and stated that it is the worst in over 10...
by Prem Raja | Jan 27, 2019 | Brexit, EU, EUR, GBP, GDP, USD
From the headline, you would assume that all Brexit fears were non-existent and that there were plenty of positive factors underlying Sterling exchange rates currently- the reality is that neither is true. Before we go on to why this is all happening- it is important...
by Prem Raja | Jan 20, 2019 | Brexit, EU, EUR, GBP
Last week was potentially one of the biggest weeks in UK politics, with a historical defeat for Theresa May’s deal, with a vote of no confidence the following day. With these results, the assumption would have been due to the uncertainty in UK politics, the...
by Prem Raja | Jan 13, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
I’m having Deja-vu, it feels like we’ve been in this exact same situation before! MP’s will finally vote on Theresa May’s deal on Tuesday 15th January (Which is also my birthday, so I am hoping for a calm day on the markets…), providing...
by Prem Raja | Jan 6, 2019 | Brexit, EU, EUR, FX, GBP
I hope you all had a wonderful festive period and new year- trading resumed last week but I thought I would leave it a week before I wrote my first report of 2019 as the first week is generally quiet- oh how I was wrong! In the first week of January, we have already...
by Prem Raja | Dec 16, 2018 | Brexit, EU, EUR, FX, GBP, GDP, USD
Another confusing week on the markets- as nothing went to the Government’s initial plan; Theresa May decided to cancel the House of Commons vote for her Brexit deal so she could go and get clarification from the EU for the Irish Backstop- this was followed by a...
by Prem Raja | Dec 8, 2018 | Brexit, EU, EUR, FX, GBP
Sterling exchange rates have been extremely volatile over the last couple of weeks due to the upcoming House of Common’s vote on the current proposed Brexit deal- the biggest problem for the Pound is that it seems pretty certain that MP’s will be voting...
by Prem Raja | Dec 2, 2018 | Brexit, EU, EUR, FX, GBP, GDP
Sterling exchange rates have been extremely fragile over the last 2 weeks with a vote upcoming for The PM’s latest Brexit deal- the reason why the Pound has been so weak is due to the fact that many MP’s have stated that they will be voting against this...
by Prem Raja | Nov 18, 2018 | Brexit, EU, EUR, FX, GBP, USD
Just over one week ago, the GBPEUR exchange rate had hit the best price in over a year with hopes that a new Brexit deal was ready to be done- these hopes were quickly broken following the PM’s cabinet actually approving the deal with several high profile...
