by Prem Raja | May 9, 2021 | EU, EUR, FX, GBP, USD
The last week was quite volatile for Sterling, with a positive start to the week that was then reversed after comments from the Bank of England. Unfortunately, the Central Bank was unable to provide any new catalysts to spur on further buying for GBP which resulted in...
by Prem Raja | Apr 25, 2021 | EU, EUR, FX, GBP, USD
Over the last few weeks we have seen Sterling exchange rates begin to fall predominantly against the Euro and Dollar as we have seen strength and progress in Europe and the USA’s vaccination programmes- the good news is it seems we will begin to see recovery...
by Prem Raja | Apr 11, 2021 | EU, EUR, FX, GBP, USD
Pound Sterling exchange rates were down across the board over the last week, notably against the Euro and Dollar with GBPEUR seeing lows of 1.1480 and GBPUSD being as low as 1.3660. There a few reasons why we saw this drawdown in GBP- the first is that the...
by Prem Raja | Apr 5, 2021 | EU, EUR, FX, GBP, USD
Yes, you read that correctly- As I am writing this on my day off (And a day we cannot trade)- GBPEUR has hit a new high of 1.18. The recent move in Sterling is still very much in line with the reopening of the UK and the PM’s roadmap. The latest announcement has...
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 | Mar 21, 2021 | EU, EUR, FX, GBP, USD
The Dollar was definitely King over the last week- with strength going into the greenback preventing any real meaningful strength into Sterling and Euro. The main topics over the last week was vaccinations and lockdowns, predominantly the use of the Astra Zeneca...
