by Prem Raja | Jan 11, 2026 | EU, EUR, FX, GBP, GDP
Last week started positively for Sterling, with the Pound strengthening against most major currencies through the early part of the week. However, by Friday the tone had shifted. Sterling gave back ground against the US Dollar and edged lower against the Euro,...
by Prem Raja | Jan 4, 2026 | EU, EUR, FX, GBP, USD
The holiday period in both the UK and the US is now behind us, and with it we are seeing liquidity return to the markets and a gradual shift back toward more normal trading conditions. One clear theme through Christmas and the New Year was continued weakness in the US...
by Prem Raja | Dec 21, 2025 | EUR, FX, GBP, USD
As we reach the final days of 2025, the currency markets stand at a fascinating crossroads. This year has been defined by a Great Divergence, a period where long standing economic trends were upended by a return to protectionism in the US and historic policy...
by Prem Raja | Dec 14, 2025 | EUR, FX, GBP, USD
Last week was largely defined by the Federal Reserve’s interest rate decision. As expected, the Fed delivered a 25 basis point cut and signalled that two further reductions are likely through 2026. While this path was broadly priced in by the market, attention is...
by Prem Raja | Dec 7, 2025 | EU, EUR, FX, GBP, USD
The first week of December was relatively quiet, which many in the market welcomed. We did see the US Dollar lose some momentum, and the British Pound managed to recover slightly. This helped lift GBPEUR back above 1.14 and GBPUSD above 1.33, bringing some relief to...
by Prem Raja | Nov 30, 2025 | EU, EUR, FX, GBP, USD
Last week’s UK Budget proved to be a non-event for the currency markets, with Sterling ending the week virtually unchanged against both the Euro and the US Dollar. This lack of significant reaction, however, has removed a major piece of political risk and...