by Prem Raja | Dec 20, 2020 | Brexit, EU, EUR, FX, GBP, USD
On the Brexit front, we have yet another uneventful weekend- with no real news coming from talks apart from the fact that Brexit negotiators will continue into Monday. On Thursday, the EU made Sunday the deadline for a deal so it could be ratified before Christmas,...
by Prem Raja | Dec 13, 2020 | Brexit, EU, EUR, FX, GBP, USD
Last week became extremely eventful after Boris Johnson’s meeting with EU Commission President Ursulsa von der Leyen seemed to go South and No-Deal preparations were the only headline you could read from Thursday into Friday. The agreement was they would...
by Prem Raja | Nov 29, 2020 | Brexit, EU, EUR, FX, GBP, USD
As we closed on Friday we surprisingly saw Sterling give up gains against both the Euro and the Dollar; hitting 1.1125 against the Euro and 1.3305 against the Dollar. The main reason for this was lack of progress on the Brexit deal- and though talks are still...
by Prem Raja | Nov 22, 2020 | Brexit, EU, EUR, FX, GBP, USD
As a whole, I would say that last week was pretty flat for Sterling; we didn’t see much movement in either direction which was pretty typical for the third week of the month- this week however, does have the potential to be different. So what do we have ahead of...
by Prem Raja | Nov 8, 2020 | Brexit, EU, EUR, FX, GBP, USD
Well, that was one very LONG week! But after a few sleepless nights of watching CNN, we finally have a result on the Elections and Joe Biden and Kamala Harris will be the next President and Vice President of the U.S. It was a big win, but a much tighter win than what...
by Prem Raja | Oct 31, 2020 | Brexit, EU, EUR, FX, GBP, USD
So… It seems the UK has U-Turned on their initial position 2 weeks ago about another Lockdown. As I mentioned 2 weeks ago, it takes the Government around 2 weeks to change their mind, and here we are, another National lockdown is upon us from Thursday- which...
