by Prem Raja | Oct 22, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Boris Johnson’s hopes of getting his Brexit deal fast-tracked through Parliament were lost on Tuesday evening following a defeat in a vote for his Brexit timetable in Parliament. The Government won the previous vote on the deal legislation to progress- however,...
by Prem Raja | Sep 29, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Political tensions in the UK have risen following the Supreme Court deeming Boris Johnson’s prorogue of Parliament to be unlawful. Parliament immediately returned to the House of Commons following this decision and begun putting pressure on the PM about this...
by Prem Raja | Sep 21, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
It has been another positive week for Sterling following events from Central Banks and Brexit news. We saw GBPUSD above 1.25 and GBPEUR above 1.13 after the Fed announced their interest rate cut and the probability for more, and potential QE- This alongside Junkers...
by Prem Raja | Sep 15, 2019 | Brexit, EU, EUR, GBP, GDP, USD
Last week Sterling began to trade higher against the Euro & Dollar- hitting 1.1280 against the Euro and crossing 1.25 against the U.S Dollar. The Euro weakened significantly last week following the ECB’s decision to cut deposit rates and re-start QE; which...
by Prem Raja | Sep 1, 2019 | Brexit, EU, EUR, FX, GBP, USD
In last week’s article, I mentioned there was potential for an uptrend in GBPEUR exchange rates- and fortunately, we have seen the third week of consecutive gains for GBPEUR. There was short term volatility during the week following Boris Johnson asking the...
by Prem Raja | Aug 26, 2019 | EU, EUR, FX, GBP, USD
Over the past week, we have seen GBPEUR & GBPUSD begin to rise following positive comments after Boris Johnson’s meetings with Macron & Merkel- in an interview on Sunday he stated that a better deal is now “More likely” than it was before,...
