by Prem Raja | May 5, 2025 | EU, EUR, FX, GBP, GDP, USD
We saw yet another volatile week in the currency markets, with Sterling finishing higher against the Euro but slipping slightly against the Dollar compared to where it began the week. After a pleasant long weekend in the UK, Monday’s market activity was particularly...
by Prem Raja | Apr 14, 2024 | EUR, FX, GBP, USD
Last week was pretty busy on the macroeconomic front with Fed minutes, the ECB confirming a rate cut from June and plenty of economic data- however, this was all over shadowed by the escalating Middle East conflict with Iran launching a drone attack on Israel. The...
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 | Aug 6, 2023 | EU, EUR, FX, GBP, GDP, USD
Last week the main event was the BoE interest rate hike, where the Central Bank raised interest rates by 25bps- but kept the stance of more hikes COULD happen if inflation were to go higher again, and that rates will stay high for at least a couple of years before any...
by Prem Raja | Jan 3, 2021 | Brexit, EU, EUR, FX, GBP, USD
I hope you all had a great Christmas and New Year- in a blink it seems we are now in 2021, but fortunately, not carrying some of the baggage from 2020. On Christmas Eve, the Brexit trade deal was agreed and was ratified last week- now, of course, this does not mean...