by Prem Raja | Jun 5, 2022 | EU, EUR, FX, GBP, USD
Last week we saw record highs for CPI (Inflation) out of Europe- which has spurred many ECB policymakers to begin making public statements about interest rate hikes, with the first expected in July and another priced in for September (25 bps each time.) With the ECB...
by Prem Raja | May 22, 2022 | EU, EUR, FX, GBP, USD
After a relatively rough week on the market, Sterling exchange rates got a boost following better than expected retail sales figures out of the UK- with food and fuel sales both higher than the previous month. Many were looking for spending to collapse amidst the...
by Prem Raja | May 16, 2022 | Brexit, EU, EUR, FX, GBP, GDP, USD
Sterling opened on Monday on a softer note with GBPEUR trading around 1.1750-1.18 and GBPUSD trading between 1.22-1.23. Fortunately, a higher close on Monday has given hope for a better Tuesday. Sterling has a few risks surrounding it currently, one of which being...
by Prem Raja | Apr 17, 2022 | EU, EUR, FX, GBP, USD
Firstly, I hope you are all refreshed after the bank holiday- before we got our long weekend, we saw a very strong push on the GBPEUR exchange rate above 1.21 and GBPUSD above 1.31. What was most fascinating is this happened with no real economic data or news to fuel...
by Prem Raja | Mar 27, 2022 | Brexit, EU, EUR, FX, GBP, USD
We are now entering the end of the month and the financial year- currently, GBPEUR is sitting at 1.20 and GBPUSD is just under 1.32. After a pretty hot CPI release for the UK, and a relatively disappointing budget- GBP has been under pressure over the last couple of...
