by Prem Raja | Nov 18, 2018 | Brexit, EU, EUR, FX, GBP, USD
Just over one week ago, the GBPEUR exchange rate had hit the best price in over a year with hopes that a new Brexit deal was ready to be done- these hopes were quickly broken following the PM’s cabinet actually approving the deal with several high profile...
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 | Oct 1, 2018 | GBP
The Pound held pretty steadily last week against the Euro & Dollar through the beginning of last week until the Federal Reserve put up interest rates and traders started selling off the Pound prior to the Conservative Party Conference. Over the last few months we...
