by Prem Raja | Oct 18, 2020 | Brexit, EU, EUR, GBP, USD
Another volatile week has passed, with plenty of updates on Brexit and new restrictions around the UK. To begin with, all eyes were on the EU Summit this week (Personally I am not sure why, we all knew there was not going to be any breakthroughs this week)- and that...
by Prem Raja | Oct 11, 2020 | Brexit, EU, EUR, FX, GBP, USD
The last week definitely flew by quicker than usual… the risks we had last week are in some ways different to what is ahead of us now- President Trump is now out of hospital and back in the White House, recovered from Covid-19 and promising free treatment for...
by Prem Raja | Oct 4, 2020 | Brexit, EU, EUR, FX, GBP, USD
It was nice to see Pound to Euro and Pound to Dollar exchange rates rise a little over the last week on the back of Brexit talks going a little better than expected. We closed on Friday with GBPEUR above 1.10 and GBPUSD above 1.29 which was a welcome 2% gain on both...
by Prem Raja | Sep 20, 2020 | Brexit, EU, EUR, FX, GBP, USD
A scary headline I know… But that is exactly where we are right now. Brexit has been our main headline so far in September, which, for a lack of a better word, absolutely decimated any gains that we saw through the Summer for Sterling. We are now waiting for any...
by Prem Raja | Sep 13, 2020 | Brexit, EU, EUR, FX, GBP
Well, I guess the title says it all, doesn’t it? I said last week that Brexit could add some volatility, and it looks like it went 10 steps further and grabbed the spotlight for the whole week resulting in a Sterling sell-off. The reason for this sell-off? I am...
by Prem Raja | Sep 6, 2020 | Brexit, EU, EUR, FX, GBP, USD
The euphoric rises in the markets were put to a halt on Thursday as risk appetite suddenly faltered; with Tech stocks leading the drop from Thursday into Friday. Now, in reality, the market had been going up non stop for a few months, so a dip is healthy, but of...
