by Prem Raja | Jan 25, 2020 | Brexit, EU, EUR, FX, GBP, USD
The main topic over the last couple of weeks was the Bank of England, after 3 members (Including the Governor) came out and said they see a case to potentially cut interest rates this month- the chances of this cut rose to 50/50 and was highly dependant on certain...
by Prem Raja | Jan 12, 2020 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, the news was dominated by reports from the U.S and Iran, which meant that we saw more movement on commodities such as Oil, Gold & Silver. Sterling was fairly static over the week and managed to stay in and around the same areas, in fact as the closed...
by Prem Raja | Dec 8, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, the odds for a Conservative majority to be achieved rose above 70% (On Betfair), which was the catalyst for Sterling rising to 1.1850 against the Euro and 1.3150 against the U.S Dollar. It is clear at this point that the direction for Sterling is now...
