by Prem Raja | Oct 4, 2020 | Brexit, EU, EUR, FX, GBP, USD
It was nice to see Pound to Euro and Pound to Dollar exchange rates rise a little over the last week on the back of Brexit talks going a little better than expected. We closed on Friday with GBPEUR above 1.10 and GBPUSD above 1.29 which was a welcome 2% gain on both...
by Prem Raja | Sep 20, 2020 | Brexit, EU, EUR, FX, GBP, USD
A scary headline I know… But that is exactly where we are right now. Brexit has been our main headline so far in September, which, for a lack of a better word, absolutely decimated any gains that we saw through the Summer for Sterling. We are now waiting for any...
by Prem Raja | Sep 13, 2020 | Brexit, EU, EUR, FX, GBP
Well, I guess the title says it all, doesn’t it? I said last week that Brexit could add some volatility, and it looks like it went 10 steps further and grabbed the spotlight for the whole week resulting in a Sterling sell-off. The reason for this sell-off? I am...
by Prem Raja | Sep 6, 2020 | Brexit, EU, EUR, FX, GBP, USD
The euphoric rises in the markets were put to a halt on Thursday as risk appetite suddenly faltered; with Tech stocks leading the drop from Thursday into Friday. Now, in reality, the market had been going up non stop for a few months, so a dip is healthy, but of...
by Prem Raja | Aug 31, 2020 | Brexit, EU, EUR, FX, GBP, USD
And just like that; a new month is upon us. This year has gone both slow and fast at the same time. We are now out of the “Summer Markets” and preparing to go back into full swing. Most traders will now be back at work and liquidity should return in full...
by Prem Raja | Aug 23, 2020 | Brexit, EU, EUR, FX, GBP, USD
Last week was generally a pretty good week for Sterling as we saw some positive data releases which helped push the Pound to Euro rate to 1.1180 on Friday morning, and 1.3250 against the U.S Dollar. Unfortunately, by market close on Friday, we ended at 1.1090 for...
