by Prem Raja | Feb 16, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week proved to be supportive for Sterling, with an unexpected upside surprise in UK GDP data, showing that the economy grew rather than contracted in the last quarter. This positive momentum, coupled with uncertainty in U.S. markets, helped Sterling strengthen...
by Prem Raja | Feb 9, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was a volatile yet relatively predictable one, with markets digesting further tariff announcements from President Trump and the Bank of England’s 25bps interest rate cut. Despite these developments, Sterling ended the week largely unchanged at 1.24 against...
by Prem Raja | Feb 1, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was relatively uneventful, with no surprises from the Fed, ECB, or Bank of Canada. But just as markets were settling into a steady rhythm, President Trump shook things up on Friday evening with new tariffs—25% on imports from Canada and Mexico and 10% on...
by Prem Raja | Jan 26, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week, we saw the “Trump Trade” unwind as the Dollar softened on speculation that President Trump’s tariff policies may not be as aggressive as initially feared. This shift led to a 2% rise in both GBPUSD and EURUSD, bringing some welcome relief to...
by Prem Raja | Dec 22, 2024 | EU, EUR, FX, GBP, GDP, USD
Last week was a pretty volatile week from a Sterling and Dollar perspective- with both central banks having their interest rate decision within 24 hours of each other. The Fed decided to cut 25bps but hold off on any further cuts over the new few months, which...
by Prem Raja | Nov 24, 2024 | EU, EUR, GBP, GDP, USD
Last week ended on a weaker note for Sterling following weak PMI data and weak retail sales numbers, this led to lower exchange rates against both the Euro and the Dollar. This week is the last week of the month going into the Holiday weekend in the U.S, so we do...
