by Prem Raja | Nov 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP
Sterling exchange rates have been a lot more positive over the last week with GBPEUR hitting 1.17 and GBPUSD crossing 1.29. We did briefly see Sterling touch these levels at the end of October, but they didn’t hold for long, and the last time before that was...
by Prem Raja | Nov 10, 2019 | Brexit, EU, EUR, FX, GBP, USD
The Pound has been in a sideways range over the past week against the Euro, floating between the 1.1550-1.1620 range. I believe the reason for this is that the market has currently priced in a Conservative majority for this election- which is currently being reflected...
by Prem Raja | Oct 26, 2019 | Brexit, EU, EUR, FX, GBP
It has been an eventful few months since Boris Johnson took over as Prime Minister- we have seen Sterling exchange rates fall by around 7-8% and then bounce back another 5% over the last month, both moves have provided great opportunities for both Sterling buyers and...
by Prem Raja | Oct 22, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Boris Johnson’s hopes of getting his Brexit deal fast-tracked through Parliament were lost on Tuesday evening following a defeat in a vote for his Brexit timetable in Parliament. The Government won the previous vote on the deal legislation to progress- however,...
by Prem Raja | Sep 29, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Political tensions in the UK have risen following the Supreme Court deeming Boris Johnson’s prorogue of Parliament to be unlawful. Parliament immediately returned to the House of Commons following this decision and begun putting pressure on the PM about this...
by Prem Raja | Sep 21, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
It has been another positive week for Sterling following events from Central Banks and Brexit news. We saw GBPUSD above 1.25 and GBPEUR above 1.13 after the Fed announced their interest rate cut and the probability for more, and potential QE- This alongside Junkers...
