by Prem Raja | Mar 30, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was fairly calm on the currency front, despite notable events such as the UK Spring Statement. While the Statement itself didn’t create immediate volatility, it has set the stage for a challenging outlook ahead. Growth forecasts for 2025 have been revised...
by Prem Raja | Mar 23, 2025 | EU, EUR, FX, GBP, USD
Last week was relatively steady for Sterling exchange rates, with the Bank of England’s latest meeting delivering no surprises. As widely expected, the BoE kept rates unchanged at 4.50%, reflecting caution due to inflationary pressures that are expected to...
by Prem Raja | Mar 16, 2025 | EU, EUR, FX, GBP, USD
Another week, another rollercoaster for the markets, driven yet again by Trump’s unpredictable trade policies and the continued fallout from geopolitical uncertainty. If you were hoping for some stability—think again. The U.S. administration has been throwing tariffs...
by Prem Raja | Feb 16, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week proved to be supportive for Sterling, with an unexpected upside surprise in UK GDP data, showing that the economy grew rather than contracted in the last quarter. This positive momentum, coupled with uncertainty in U.S. markets, helped Sterling strengthen...
by Prem Raja | Feb 1, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was relatively uneventful, with no surprises from the Fed, ECB, or Bank of Canada. But just as markets were settling into a steady rhythm, President Trump shook things up on Friday evening with new tariffs—25% on imports from Canada and Mexico and 10% on...
