by Prem Raja | Oct 3, 2021 | EU, EUR, FX, GBP, USD
Last month was an EXTREMELY volatile week for Sterling- with GBPEUR falling to 1.1550, GBPUSD falling to 1.34, and EURUSD also falling to 1.1560. Now, if you were to read the tabloids, you would think this was happening because of the so-called petrol crisis in the...
by Prem Raja | Sep 12, 2021 | Brexit, EU, EUR, FX, GBP, USD
Sterling exchange rates (predominantly against the Euro) will enter the next week a lot stronger, after pretty good momentum for Pound to Euro exchange rates over the last few days- despite a pretty risk-off market on stocks and commodities through the latter half of...
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...
