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 | May 15, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week we have seen Sterling exchange rates continue to rise against the Euro & Dollar as the UK plans to move to the next stage of reopening on 17th May- which will see many more businesses able to reopen which I am sure is music to all of our ears!...
by Prem Raja | Mar 28, 2021 | Brexit, EU, EUR, FX, GBP, USD
After what seemed like a very long week- it seemed that the main topic was vaccination exports and supply- with much news coming from the UK & EU about exports being blocked and supply being lower. This controversial topic was the main subject of the EU Council...
by Prem Raja | Feb 13, 2021 | Brexit, EU, EUR, FX, GBP
Last week was rather uneventful for Sterling as we managed to hold the key 1.14 area against the Euro and 1.38 against the U.S Dollar. So far Sterling strength is playing out as we expected, however it is evident that there are limitations to this particular strength....
by Prem Raja | Jan 31, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week Pound Sterling exchange rates have been comfortably moving higher- albeit at a slow pace (Which in my opinion is a solid proof of trend confirmation)- predominantly against the Dollar and Euro. As I have written in previous articles- the main reason...
by Prem Raja | Jan 3, 2021 | Brexit, EU, EUR, FX, GBP, USD
I hope you all had a great Christmas and New Year- in a blink it seems we are now in 2021, but fortunately, not carrying some of the baggage from 2020. On Christmas Eve, the Brexit trade deal was agreed and was ratified last week- now, of course, this does not mean...
