by Prem Raja | Mar 10, 2019 | Brexit, EU, EUR, FX, GBP, GDP
Sterling rates have been trading at highs recently as fears of a “No Deal” Brexit have started to wither away- however as last week ended, it seemed that those same fears had returned to the market- pushing GBPEUR below 1.16 and GBPUSD under 1.30. On...
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...
