by Prem Raja | Feb 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, UK PM, Theresa May suffered another defeat in the House of Commons- Brexit is still the main driver for the Pound at the moment and as March 29th keeps getting closer and closer- it seems the volatility is not going to slow down. Though negotiating tactics...
by Prem Raja | Jan 27, 2019 | Brexit, EU, EUR, GBP, GDP, USD
From the headline, you would assume that all Brexit fears were non-existent and that there were plenty of positive factors underlying Sterling exchange rates currently- the reality is that neither is true. Before we go on to why this is all happening- it is important...
by Prem Raja | Jan 13, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
I’m having Deja-vu, it feels like we’ve been in this exact same situation before! MP’s will finally vote on Theresa May’s deal on Tuesday 15th January (Which is also my birthday, so I am hoping for a calm day on the markets…), providing...
by Prem Raja | Dec 16, 2018 | Brexit, EU, EUR, FX, GBP, GDP, USD
Another confusing week on the markets- as nothing went to the Government’s initial plan; Theresa May decided to cancel the House of Commons vote for her Brexit deal so she could go and get clarification from the EU for the Irish Backstop- this was followed by a...
by Prem Raja | Dec 2, 2018 | Brexit, EU, EUR, FX, GBP, GDP
Sterling exchange rates have been extremely fragile over the last 2 weeks with a vote upcoming for The PM’s latest Brexit deal- the reason why the Pound has been so weak is due to the fact that many MP’s have stated that they will be voting against this...
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,...
