by Prem Raja | Mar 21, 2021 | EU, EUR, FX, GBP, USD
The Dollar was definitely King over the last week- with strength going into the greenback preventing any real meaningful strength into Sterling and Euro. The main topics over the last week was vaccinations and lockdowns, predominantly the use of the Astra Zeneca...
by Prem Raja | Mar 14, 2021 | EU, EUR, FX, GBP
Last week was another strong one for GBP with Pound to Euro rates touching 1.17 briefly on Thursday (For all of 60 seconds) before descending back down to 1.1640. The main reason for Sterling ending the week lower was the risk off play in the U.S Stock market after...
by Prem Raja | Mar 7, 2021 | BTC, EU, EUR, FX, GBP
It has been yet another crazy week on the market- after seeing another 5 days of sell-offs on the U.S Stock market, with the selling also hitting assets such as Gold and Bitcoin. Through all of the selling of these assets, it seems investors found a safe haven in the...
by Prem Raja | Feb 21, 2021 | EU, EUR, FX, GBP
Over the last week, we saw Sterling continue its outperformance, seeing it rise to 1.15 against the Euro and 1.40 against the U.S Dollar. The main reason for this is still the strong vaccination effort in the UK and the implication that the UK may see restrictions...
by Prem Raja | Feb 13, 2021 | Brexit, EU, EUR, FX, GBP
Last week was rather uneventful for Sterling as we managed to hold the key 1.14 area against the Euro and 1.38 against the U.S Dollar. So far Sterling strength is playing out as we expected, however it is evident that there are limitations to this particular strength....
by Prem Raja | Feb 7, 2021 | EU, EUR, FX, GBP, USD
So far everything is going to plan with Sterling exchange rates; we have seen GBPEUR reach 1.14 and GBPUSD reach above 1.37 over the last week- solely down to the UK’s vaccine rollout in comparison to Europe & America. The exchange rates were also pushed...
