by Prem Raja | Jan 5, 2025 | EU, EUR, FX, GBP, USD
Hello and Happy New Year to you all! I hope your Christmas was more restful than mine—with two teething toddlers, there wasn’t much room for relaxation! That said, I’m back at my desk and excited to kick off the new year. Sterling’s Early-Year Sell-Off The first week...
by Prem Raja | Dec 22, 2024 | EU, EUR, FX, GBP, GDP, USD
Last week was a pretty volatile week from a Sterling and Dollar perspective- with both central banks having their interest rate decision within 24 hours of each other. The Fed decided to cut 25bps but hold off on any further cuts over the new few months, which...
by Prem Raja | Dec 15, 2024 | EU, EUR, FX, GBP, USD
Sterling ended the week on a pretty negative note following weak UK GDP data with GBPEUR falling to 1.20, and GBPUSD falling to 1.26. The biggest concern with the data was that the services sector in the UK showed no growth in October, the same as September, which has...
by Prem Raja | Dec 8, 2024 | EU, EUR, FX, GBP, USD
Last week French politics took the spotlight with a vote of no confidence resulting in the current Government being dissolved. Upon PM Barniner’s exit, there has been much positive movement with President Macron committing to installing a PM that will get the...
by Prem Raja | Dec 1, 2024 | EU, EUR, FX, GBP, USD
November was a very volatile month mainly due to the U.S. presidential election and issues in the German government, we saw some big moves in FX, we have GBPEUR at 1.20, EURUSD at 1.05 (Down from 1.10) and GBPUSD at 1.27 (Down from 1.32)- the longevity of these moves...
by Prem Raja | Nov 10, 2024 | EU, EUR, FX, GBP, USD
Last week was probably the biggest week of the year on financial markets with Trump winning the US Presidential Election, the Bank of England cutting rates by 25 bps and the Fed also cutting rates by 25 bps. The aftermath of these events has resulted in a strong...
