by Prem Raja | Feb 13, 2021 | Brexit, EU, EUR, FX, GBP
Last week was rather uneventful for Sterling as we managed to hold the key 1.14 area against the Euro and 1.38 against the U.S Dollar. So far Sterling strength is playing out as we expected, however it is evident that there are limitations to this particular strength....
by Prem Raja | Jan 31, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week Pound Sterling exchange rates have been comfortably moving higher- albeit at a slow pace (Which in my opinion is a solid proof of trend confirmation)- predominantly against the Dollar and Euro. As I have written in previous articles- the main reason...
by Prem Raja | Jan 17, 2021 | EU, EUR, FX, GBP, USD
Sterling exchange rates ended lower against the Euro and Dollar on Friday after a few days of strength against most G10 currencies. The reason for the initial strength last week was the Bank Of England indicating that the chances of negative interest rates were now...
by Prem Raja | Jan 3, 2021 | Brexit, EU, EUR, FX, GBP, USD
I hope you all had a great Christmas and New Year- in a blink it seems we are now in 2021, but fortunately, not carrying some of the baggage from 2020. On Christmas Eve, the Brexit trade deal was agreed and was ratified last week- now, of course, this does not mean...
by Prem Raja | Nov 8, 2020 | Brexit, EU, EUR, FX, GBP, USD
Well, that was one very LONG week! But after a few sleepless nights of watching CNN, we finally have a result on the Elections and Joe Biden and Kamala Harris will be the next President and Vice President of the U.S. It was a big win, but a much tighter win than what...
