by Prem Raja | May 3, 2021 | FX, GBP, USD
It has been quite an interesting month as far as FX movement is concerned on G10 pairs- from the beginning of April to the end GBPEUR has traded as low as 1.1460 and as high as 1.1784 and GBPUSD has traded as low as 1.3677 and as high as 1.40 (Momentarily). The theme...
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 18, 2021 | EUR, FX, GBP, USD
Last week was a relatively bad week for Sterling exchange rates; we saw GBPEUR as low as 1.1460 and GBPUSD as low as 1.3740 before rising again on Friday ending the week higher. Interestingly enough much of the week was spent by analysts looking for reasons why this...
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...