by Prem Raja | Dec 11, 2023 | EU, EUR, FX, GBP, USD
This week is pretty huge on the data and announcement front- with plenty going on in the market since the strong NFP data on Friday which supported the Dollar against the Euro and Sterling into the close. The main takeaway from Fridays jobs data is that the labour...
by Prem Raja | Dec 3, 2023 | EU, EUR, FX, GBP, USD
The last few weeks have been very supportive for Sterling- mainly due to the weakness in the Dollar and the risk on sentiment in the market currently- The FTSE has been on the rise, along with the S&P500 and NASDAQ. Usually, when the stock markets are more risk...
by Prem Raja | Nov 26, 2023 | EU, EUR, FX, GBP, USD
Last week’s data releases provided strength for the Pound after a pretty downbeat month or so on the market- showing that UK PMI numbers were back over the 50 area, which means that the UK economy is no longer contracting- we may not see massive growth over the...
by Prem Raja | Nov 5, 2023 | EU, EUR, GBP, USD
After an important week of data and Central Bank decisions- Sterling exchange rates have managed to stabilise higher than where they started last week, both up around 1% respectively. The main reason for this was the Bank of England meeting where Governor Bailey...
by Prem Raja | Oct 29, 2023 | EU, EUR, FX, GBP, USD
The Pound has struggled to maintain any form of strength against the Euro and Dollar over the last month, with GBPEUR currently trading at 1.1470 and GBPUSD trading at 1.2110. After a dovish ECB meeting last week we saw the Euro weaken across the board, with recession...