by Prem Raja | Oct 28, 2018 | EUR, FX, GBP
We have seen Sterling exchange rates fall over the last couple of weeks from recent highs- falling to 1.12 against the Euro and 1.2790 against the U.S Dollar. It seems the only reason for this is that investors have lost interest in Sterling while the UK is still...
by Prem Raja | Oct 7, 2018 | Brexit, EU, EUR, FX, GBP
Pound Sterling exchange rates hit a 3 month high against the Euro last week following positive remarks from the UK & EU in regards to a potential Brexit deal and the Irish border. Jean-Claude Juncker also commented on Saturday by saying that it is very likely that...
by admin | Oct 1, 2018 | GBP
The Pound held pretty steadily last week against the Euro & Dollar through the beginning of last week until the Federal Reserve put up interest rates and traders started selling off the Pound prior to the Conservative Party Conference. Over the last few months we...
by admin | Sep 9, 2018 | Brexit, GBP
The last week was volatile for the Pound, especially due to comments made in regards to Brexit negotiations from Germany, basically saying that they were happy to “Simplify” talks to ensure a deal gets done- what was even more interesting is this comment...
by admin | Sep 2, 2018 | Brexit, FX, GBP
Over the last week, we have finally had some positive news in regards to Brexit negotiations following comments from Michel Barnier stating that both the EU and the UK have every intention of trying to make a deal happen. Of course, in reality, we are still in the...
by admin | Aug 29, 2018 | EUR, GBP
GBPEUR exchange rates are now at the lowest level that we have seen so far this year. As many of you may know, the GBPEUR rate has been on a downward trend since we hit 1.15 and hasn’t found a low to bounce back from yet. The latest reason for Sterling weakness...
by admin | May 24, 2018 | EUR, FX, GBP, USD
The Pound has been on a downward trend ever since the last BoE rate decision, but surprisingly enough, much of the impact has been on GBPUSD exchange rates as opposed to the GBPEUR rate. The reason for this is that there are still some political and economic issues in...
by admin | May 8, 2018 | EUR, FX, GBP, USD
I am sure that many of you have already noticed the Pound’s decline over the past couple of weeks ever since BoE Governor, Mark Carney signaled that an interest rate hike may not happen in May in the UK. We have seen the GBPEUR rate fall to as low as 1.13, and GBPUSD...
by admin | Apr 23, 2018 | EUR, FX, GBP
Last week was going very well until UK data releases starting to show holes in the UK economy, if you read my previous article you would know we were already expecting lower retail sales figures due to the snow, and if inflation came out lower we were also expecting...
by admin | Apr 20, 2018 | GBP, GDP, USD
Following weak GDP Data in the UK, Sterling exchange rates began to fall further with GBPUSD exchange rates now below 1.39 and GBPEUR exchange rates now below 1.14. The reason why this has weakened the Pound further is it now seems that the Bank of England will not go...
