by Prem Raja | Jul 14, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
The last week was fairly quiet for Sterling exchange rates, with both GBPEUR and GBPUSD moving within a 1% range for the whole week. The main focus was on Fed Chair Powell pretty much confirming an interest rate cut in the U.S at the end of this month, which will...
by Prem Raja | Jul 8, 2019 | EU, EUR, FX, GBP, GDP
Sterling has struggled to find real support against the Euro and Dollar over the last couple of months- it seems that even though the Fed is set to cut interest rates and the EU economy is slowing down- it is still not enough for Sterling to make any real gains...
by Prem Raja | Jun 14, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
After six consecutive weeks of losses for the Pound, it is clear to everyone that investor confidence in the Pound is back to an all-time low. The last time we saw such losses was the last General election which saw Theresa May lose her majority in Parliament. The...
by Prem Raja | May 27, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
I hope you all enjoyed your Bank Holiday! It seems politics is back at the wheel driving the markets following British PM Theresa May announcing her resignation in June. Investors saw this as a risk for Sterling (Due to uncertainty) so we saw a sell-off on the Pound...
by Prem Raja | May 6, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
After 4 weeks of weakness for the Pound, we finally saw a great move of strength late Friday afternoon after the terrible results for Labour and Conservative after the local elections. The results have encouraged many senior Tory party members to put pressure on their...
by Prem Raja | Apr 28, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Over the last week we have seen the Pound weaken (Due to thin liquidity in the markets after the bank holiday) and the U.S Dollar strengthen due to strong data and economic outlook in the U.S. It seems that many analysts have misunderstood the Fed, in my opinion, it...
