by Prem Raja | Aug 30, 2021 | Brexit, EU, EUR, FX, GBP, USD
The last week was pretty much solely focused on Jackson Hole- which ended up being a slightly dull affair by all measures- there was no “informal nod” that QE tapering would be beginning straight away, so it seems we now wait for the Fed meeting in...
by Prem Raja | Aug 8, 2021 | EUR, FX, GBP, USD
Sterling exchange rates have seen a couple of weeks of non-stop gains, predominantly against the Euro with exchange rates going above 1.18 on Friday. The latest Bank of England meeting supported Sterling with talk of tapering Quantitative Easing and eventually putting...
by Prem Raja | Aug 1, 2021 | Brexit, EU, EUR, FX, GBP, USD
Sterling managed to recover its losses against the Euro going into the end of July and managed to recover to 1.39 against the Dollar. We saw the Dollar Index strengthen through July which managed to take away momentum from most assets over the last 30 days, but since...
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 | Jul 18, 2021 | EU, EUR, FX, GBP, USD
Over the last week, we saw Sterling exchange rates rise above 1.17 against the Euro before closing the week at a level of 1.1650. Sterling has remained slightly weaker against the U.S Dollar as investors have flocked to the Dollar for safety recently given more...
by Prem Raja | Jul 11, 2021 | EU, EUR, FX, GBP, USD
Sterling to Euro exchange rates have settled in a positive area over the last week with prices staying in the 1.16-1.17 area- and we have finally seen a slight reversal in Dollar strength as of Friday which has brought prices up from 1.37-1.39. The UK saw a...
