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...
by Prem Raja | Nov 11, 2018 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week was pretty strong for the Pound as we saw 1.15 break briefly against the Euro- this was due to reports coming from Parliament that a Brexit deal is “95% done” which had the market certain that a deal could be done in November. As the week ended,...
