by Prem Raja | Jun 27, 2021 | EU, EUR, FX, GBP, USD
We saw GBP exchange rates soften after a strong run up to the Bank of England interest rate decision on Thursday, the reason for the sell off was more of a “Buy the rumour, sell the news” event as no shift in monetary policy was expected- and it seems...
by Prem Raja | Jun 20, 2021 | EU, EUR, FX, GBP, USD
It was another volatile week following the Fed meeting in the U.S- when Jerome Powell signaled to the market that talks of tapering QE may begin later this year (Expectation is Jackson Hole in August)- which has begun to set fears into the market. We saw the Dollar...
by Prem Raja | May 15, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week we have seen Sterling exchange rates continue to rise against the Euro & Dollar as the UK plans to move to the next stage of reopening on 17th May- which will see many more businesses able to reopen which I am sure is music to all of our ears!...
by Prem Raja | May 9, 2021 | EU, EUR, FX, GBP, USD
The last week was quite volatile for Sterling, with a positive start to the week that was then reversed after comments from the Bank of England. Unfortunately, the Central Bank was unable to provide any new catalysts to spur on further buying for GBP which resulted in...
by Prem Raja | Apr 18, 2021 | EUR, FX, GBP, USD
Last week was a relatively bad week for Sterling exchange rates; we saw GBPEUR as low as 1.1460 and GBPUSD as low as 1.3740 before rising again on Friday ending the week higher. Interestingly enough much of the week was spent by analysts looking for reasons why this...
