by Prem Raja | May 24, 2020 | Brexit, EU, EUR, FX, GBP
Sterling exchange rates were relatively stable last week- with Pound to Euro rates closing at the 1.11 area on Friday and Pound to Dollar exchange rates closing at 1.21- of course, these rates are a lot lower than what we had a couple of weeks ago, but through the...
by Prem Raja | May 10, 2020 | EU, EUR, FX, GBP, GDP, USD
On Sunday evening, PM Boris Johnson announced that, in short, the UK lockdown will remain until June at the earliest. Some industries (i.e construction) will be able to return to work immediately with social distancing measures in place. Unlimited exercise will now be...
by Prem Raja | Apr 19, 2020 | BTC, EUR, FX, GBP, GDP, USD
Sterling exchange rates continued on the upside last week- closing on Friday above 1.15 against the Euro. We have seen Sterling rebound effectively against the lows 4 weeks ago. This is almost a gain of 10% on this currency pair- usually, it would take the market a...
by Prem Raja | Mar 15, 2020 | EU, EUR, FX, GBP, USD
I am sure you are all well aware that the markets have been in complete disarray over the last few weeks- with stocks, commodities and currencies all making massive moves in short periods of time. The Fed & the Bank of England have both cut interest rates, with...
by Prem Raja | Mar 8, 2020 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, we saw the Euro become the strongest currency of the week amid coronavirus fears across the globe and fearful markets. The Fed did an emergency interest rate cut (First time this has happened since the Lehman collapse in 2008) which pushed EURUSD up...
