by Prem Raja | Nov 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP
Sterling exchange rates have been a lot more positive over the last week with GBPEUR hitting 1.17 and GBPUSD crossing 1.29. We did briefly see Sterling touch these levels at the end of October, but they didn’t hold for long, and the last time before that was...
by Prem Raja | Nov 10, 2019 | Brexit, EU, EUR, FX, GBP, USD
The Pound has been in a sideways range over the past week against the Euro, floating between the 1.1550-1.1620 range. I believe the reason for this is that the market has currently priced in a Conservative majority for this election- which is currently being reflected...
by Prem Raja | Oct 22, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Boris Johnson’s hopes of getting his Brexit deal fast-tracked through Parliament were lost on Tuesday evening following a defeat in a vote for his Brexit timetable in Parliament. The Government won the previous vote on the deal legislation to progress- however,...
by Prem Raja | Oct 13, 2019 | Brexit, EU
We had a great end to last week following reports that Brexit negotiations are going well and both the UK and EU see a route forward for a deal to be done by October 31st. Through Thursday and Friday we have seen Sterling rise by around 4% against the Euro and Dollar,...
by Prem Raja | Sep 29, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Political tensions in the UK have risen following the Supreme Court deeming Boris Johnson’s prorogue of Parliament to be unlawful. Parliament immediately returned to the House of Commons following this decision and begun putting pressure on the PM about this...
