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 21, 2024 | EU, EUR, GBP, GDP, USD
A pretty well performing week was put to a halt on Sterling following retail sales data showing that UK shoppers were spending a lot less this December, this may have come down to the fact that consumers were buying in November during sale periods instead of waiting...
by Prem Raja | Jan 7, 2024 | EU, EUR, FX, GBP, USD
The first week of 2024 was relatively volatile while traders found their feet- we saw stock markets sell off pretty much everyday through the week and various data releases which moved the market- we saw GBPEUR as low as 1.15 and GBPUSD as low as 1.26 before both...
by Prem Raja | Nov 26, 2023 | EU, EUR, FX, GBP, USD
Last week’s data releases provided strength for the Pound after a pretty downbeat month or so on the market- showing that UK PMI numbers were back over the 50 area, which means that the UK economy is no longer contracting- we may not see massive growth over the...
by Prem Raja | Oct 22, 2023 | EU, EUR, FX, GBP, USD
Pound sterling exchange rates had a pretty torrid time last week following weak data releases, with the final blow coming from weaker-than-expected retail sales numbers on Friday alongside by-election results. I am not sure UK politics is playing a large part in...
