by Prem Raja | May 19, 2024 | EU, EUR, GBP, GDP, USD
Last week was constructive for Sterling exchange rates with GBPEUR ending the week at 1.1685, and GBPUSD ending the week at 1.27. EURUSD was also bullish last week closing on Friday at 1.0870. As we enter a new week, there are different data releases to focus on which...
by Prem Raja | May 6, 2024 | EU, EUR, FX, GBP, GDP, USD
Last week we saw markets take a turn following a few weeks of Dollar strength- this was reversed by the Fed meeting which made clear that the Fed is now watching data to decide when to make it’s first interest rate cut, it was one of the most Dovish meetings in...
by Prem Raja | Mar 17, 2024 | EU, EUR, FX, GBP, USD
Hello all, I hope this message finds you well. Firstly, I’d like to extend my sincere apologies for my absence over the past couple of weeks. I’ve been on paternity leave, cherishing precious moments with my newborn. However, I’m thrilled to announce...
by Prem Raja | Feb 11, 2024 | EU, EUR, FX, GBP, GDP, USD
Sterling exchange rates have stayed resilient over the last week with an impressive close on Friday with GBPEUR above 1.17 and GBPUSD above 1.26, following a pretty choppy week. This week we have a lot of data out of the UK which we expect to move the markets,...
by Prem Raja | Jan 28, 2024 | EUR, FX, GBP, USD
Sterling to Euro exchange rates rose again last week against the Euro following forward guidance given by the ECB. The key reason why we saw another jump in GBPEUR exchange rates is that President Lagarde didn’t rule out a cut in April but definitely, a cut by...
