by Prem Raja | Nov 11, 2018 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week was pretty strong for the Pound as we saw 1.15 break briefly against the Euro- this was due to reports coming from Parliament that a Brexit deal is “95% done” which had the market certain that a deal could be done in November. As the week ended,...
by Prem Raja | Nov 4, 2018 | Brexit, EU, EUR, FX, GBP, USD
I am sure by now we are all sick of these Brexit headlines, but unfortunately, until we have a resolution they will continue. The UK seems confident that a deal will happen this month- the only problem being this isn’t the first time we have heard these sort of...
by Prem Raja | Oct 28, 2018 | EUR, FX, GBP
We have seen Sterling exchange rates fall over the last couple of weeks from recent highs- falling to 1.12 against the Euro and 1.2790 against the U.S Dollar. It seems the only reason for this is that investors have lost interest in Sterling while the UK is still...
by Prem Raja | Oct 7, 2018 | Brexit, EU, EUR, FX, GBP
Pound Sterling exchange rates hit a 3 month high against the Euro last week following positive remarks from the UK & EU in regards to a potential Brexit deal and the Irish border. Jean-Claude Juncker also commented on Saturday by saying that it is very likely that...
by admin | Sep 2, 2018 | Brexit, FX, GBP
Over the last week, we have finally had some positive news in regards to Brexit negotiations following comments from Michel Barnier stating that both the EU and the UK have every intention of trying to make a deal happen. Of course, in reality, we are still in the...
by admin | May 24, 2018 | EUR, FX, GBP, USD
The Pound has been on a downward trend ever since the last BoE rate decision, but surprisingly enough, much of the impact has been on GBPUSD exchange rates as opposed to the GBPEUR rate. The reason for this is that there are still some political and economic issues in...
