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,...
by Prem Raja | Nov 4, 2018 | Brexit, EU, EUR, FX, GBP, USD
I am sure by now we are all sick of these Brexit headlines, but unfortunately, until we have a resolution they will continue. The UK seems confident that a deal will happen this month- the only problem being this isn’t the first time we have heard these sort of...
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 | Apr 3, 2018 | EU, EUR, FX, GBP, USD
As we step into Q2 of 2018, we have seen an extremely volatile Pound as Brexit negotiations have dictated how Sterling has moved over the last few months. It seems that now Europe and the UK have agreed upon a transitional deal which should allow the UK to start...
by admin | Mar 12, 2018 | Brexit, EU, GBP
Sterling exchange rates haven’t really moved higher since Theresa May’s speech- the reason for this is because the EU has made clear that they are happy to have a free trade deal, but this will not include financial services in the UK. Simply put, banks in the UK will...
