by Prem Raja | Nov 16, 2025 | EU, EUR, FX, GBP, USD
Last week finally brought a degree of relief to global markets as the US government ended its shutdown after several tense weeks of political deadlock. The reopening restores some certainty to the world’s largest economy, but it also leaves a significant data gap....
by Prem Raja | Nov 2, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week delivered another tough run for Sterling, with the Pound sliding against most major currencies. The weakness has less to do with a dramatic shift in economic fundamentals and more with mounting nerves around the upcoming UK Budget. Until the Chancellor...
by Prem Raja | Aug 10, 2025 | EU, EUR, FX, GBP, USD
Last week brought more turbulence to currency markets, with the Bank of England’s decision to cut interest rates delivering an unexpected short-term boost to Sterling. The move was widely anticipated, but the relief rally came from the fact that the decision was a...
by Prem Raja | Jul 27, 2025 | EU, EUR, FX, GBP, USD
As I write this, news has just broken that the EU and the US have secured a crucial trade agreement, just in the nick of time. To summarise the key points quickly, the EU has agreed to buy approximately €750 billion worth of energy and around €600 billion of U.S....
by Prem Raja | Jul 13, 2025 | EU, EUR, FX, GBP, GDP, USD
Sterling faced significant headwinds last week, with disappointing UK GDP numbers on Friday causing substantial weakness. GBPEUR slipped from 1.16 to 1.15, while GBPUSD dropped more sharply from 1.36 down to 1.34, catching many traders off guard. The pullback in...