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...
by Prem Raja | Apr 14, 2019 | Brexit, EU, EUR, FX, GBP, GDP
The Pound has had a pretty steady week even though there has been some movement in regards to Brexit. There has been confirmation that the Brexit deadline has been extended to 31st October, whether this will actually happen is a different story, but for now, this is...
by Prem Raja | Mar 16, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
The last week went pretty much as expected as far as politics is concerned, PM Theresa May’s deal was rejected and MP’s voted to file for an extension of Article 50- which could now mean more volatility for the Pound. GBPEUR hit a 22 month high of 1.18...
by Prem Raja | Mar 10, 2019 | Brexit, EU, EUR, FX, GBP, GDP
Sterling rates have been trading at highs recently as fears of a “No Deal” Brexit have started to wither away- however as last week ended, it seemed that those same fears had returned to the market- pushing GBPEUR below 1.16 and GBPUSD under 1.30. On...
