by Prem Raja | Dec 11, 2023 | EU, EUR, FX, GBP, USD
This week is pretty huge on the data and announcement front- with plenty going on in the market since the strong NFP data on Friday which supported the Dollar against the Euro and Sterling into the close. The main takeaway from Fridays jobs data is that the labour...
by Prem Raja | Nov 13, 2023 | EU, EUR, FX, GBP, GDP, USD
It is no secret that Sterling exchange rates have been under pressure over the last month, with economic sentiment weighing heavy on the Pound alongside the BoE signaling that they are at the end of their rate hike cycle- Monday is a relatively quiet day on the data...
by Prem Raja | Oct 29, 2023 | EU, EUR, FX, GBP, USD
The Pound has struggled to maintain any form of strength against the Euro and Dollar over the last month, with GBPEUR currently trading at 1.1470 and GBPUSD trading at 1.2110. After a dovish ECB meeting last week we saw the Euro weaken across the board, with recession...
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...
by Prem Raja | Oct 15, 2023 | EU, EUR, FX, GBP, USD
GBPEUR rates have remained pretty supported over the last week with Pound to Euro rates closing the week around 1.1550- unfortunately, GBPUSD has been a different story, the last week has seen us drop from 1.23 down to 1.21 which is a rather large move- unfortunately,...
