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 Prem Raja | Aug 3, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
The UK officially now has a new PM, and once Boris Johnson took the reigns, we initially saw Sterling gain around 1% across the board- these gains were short-lived as Boris followed up with setting up a “War Cabinet” to prepare for a no-deal Brexit. We...
by Prem Raja | Jun 23, 2019 | Brexit, EU, EUR, GBP
It has been yet another volatile week for exchange rates with the Fed signalling a rate cut for July, the U.S being on the brink of another war, and Boris Johnson and Jeremy Hunt being the final contenders for the PM position. We are now in at an interesting point, it...
