by Prem Raja | Jul 20, 2025 | EU, EUR, FX, GBP, GDP, USD
It was another tough week for Sterling, dropping to around 1.1530 against the Euro and settling near 1.34 against the Dollar, mostly due to disappointing economic data out of the UK. With July nearly wrapped up, markets typically begin to slow down for the summer—but...
by Prem Raja | Dec 1, 2024 | EU, EUR, FX, GBP, USD
November was a very volatile month mainly due to the U.S. presidential election and issues in the German government, we saw some big moves in FX, we have GBPEUR at 1.20, EURUSD at 1.05 (Down from 1.10) and GBPUSD at 1.27 (Down from 1.32)- the longevity of these moves...
by Prem Raja | Nov 3, 2024 | EU, EUR, FX, GBP, USD
Following the bond sell off’s last week after the Chancellor’s Autumn budget, the Pound has managed to steady itself going into the new week, as it seems Gilt investors are convinced of the Government’s spending plans- how this plays out over coming...
by Prem Raja | Sep 8, 2024 | EU, EUR, FX, GBP, GDP, USD
There has been a significant risk off tone in the markets over the last two weeks- where we have seen stocks sell off, and consequently, Pound Sterling as well. GBPUSD usually gets hit the most in a risk off environment, alongside EURUSD, both down around 1.5% over...
by Prem Raja | Aug 11, 2024 | EU, EUR, GBP, GDP, USD
Over the last week we have only seen a slight recovery on Sterling exchange rates, with GBPEUR now reaching 1.1680 and GBPUSD now reading 1.2750- which is still 1.5% away from the highs just two weeks ago. We have seen a material change in the market since the BoJ...