by Prem Raja | Oct 31, 2020 | Brexit, EU, EUR, FX, GBP, USD
So… It seems the UK has U-Turned on their initial position 2 weeks ago about another Lockdown. As I mentioned 2 weeks ago, it takes the Government around 2 weeks to change their mind, and here we are, another National lockdown is upon us from Thursday- which...
by Prem Raja | Oct 25, 2020 | Brexit, EU, EUR, FX, GBP, USD
After a much needed week off- I am now back on my desk feeling very refreshed and ready for what the market has in store for us for the rest of 2020. Looking at rates over the last week, it seems the Pound to Euro exchange rate came down a little on Friday bringing us...
by Prem Raja | Oct 11, 2020 | Brexit, EU, EUR, FX, GBP, USD
The last week definitely flew by quicker than usual… the risks we had last week are in some ways different to what is ahead of us now- President Trump is now out of hospital and back in the White House, recovered from Covid-19 and promising free treatment for...
by Prem Raja | Oct 4, 2020 | Brexit, EU, EUR, FX, GBP, USD
It was nice to see Pound to Euro and Pound to Dollar exchange rates rise a little over the last week on the back of Brexit talks going a little better than expected. We closed on Friday with GBPEUR above 1.10 and GBPUSD above 1.29 which was a welcome 2% gain on both...
by Prem Raja | Sep 13, 2020 | Brexit, EU, EUR, FX, GBP
Well, I guess the title says it all, doesn’t it? I said last week that Brexit could add some volatility, and it looks like it went 10 steps further and grabbed the spotlight for the whole week resulting in a Sterling sell-off. The reason for this sell-off? I am...
