by Prem Raja | Jan 30, 2022 | Misc.
Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is...
by Prem Raja | Feb 28, 2021 | EUR, GBP, Misc., USD
Over the last week we saw the market being to face sell-offs due to concerns about bond prices and yields- what was positive to see was the Sterling reaction. GBPUSD fell under 1.40 (After a rise to 1.42) and GBPEUR managed to hold 1.15 which gives us a good base for...
by Prem Raja | Sep 27, 2020 | Misc.
And just like that, another month is about to end and we are officially about to enter October- for a year where we couldn’t do much, time definitely seems to have flown faster than usual! Last week was relatively volatile, in the midst of another announcement...
by Prem Raja | May 17, 2020 | Brexit, EU, EUR, FX, GBP, GDP, Misc.
Pound to Euro rates had their worst week since the big pandemic sell-off in March- closing on Friday evening at lows of 1.1180, which was an over 2% drop. Against other currencies, Sterling fell further, with Pound to Dollar exchange rates falling over 4% to 1.20. The...
by Prem Raja | Aug 18, 2019 | Brexit, EU, EUR, FX, GBP, GDP, Misc., USD
After a couple of months of non-stop weakness- we finally had a week of green for the Pound! We ended last week with GBPEUR sitting just above 1.06 following very poor GDP figures and investors selling off the Pound due to Brexit news. By Friday 16th August GBPEUR had...
by admin | Jan 1, 2018 | FX, Misc.
Happy new year everyone! Now everything seems to be getting back to normal- I feel now is a good time to start pinpointing key events coming up for the major currencies. Last year was a pretty bleak year for the Pound, many would say because of Brexit, however, the...
