by Prem Raja | Feb 16, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week proved to be supportive for Sterling, with an unexpected upside surprise in UK GDP data, showing that the economy grew rather than contracted in the last quarter. This positive momentum, coupled with uncertainty in U.S. markets, helped Sterling strengthen...
by Prem Raja | Feb 1, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was relatively uneventful, with no surprises from the Fed, ECB, or Bank of Canada. But just as markets were settling into a steady rhythm, President Trump shook things up on Friday evening with new tariffs—25% on imports from Canada and Mexico and 10% on...
by Prem Raja | Jan 12, 2025 | EUR, FX, GBP, USD
The first full week of the year was not short on volatility, with bond yields in the UK surging beyond 5%. This sharp rise reflects investor concerns about the UK Government’s ability to manage its debt and potential overspending. As a result, we may see...
by Prem Raja | Dec 15, 2024 | EU, EUR, FX, GBP, USD
Sterling ended the week on a pretty negative note following weak UK GDP data with GBPEUR falling to 1.20, and GBPUSD falling to 1.26. The biggest concern with the data was that the services sector in the UK showed no growth in October, the same as September, which has...
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...
