by Prem Raja | Jun 9, 2024 | EU, EUR, FX, GBP, USD
Last week we ended Friday with a monster jobs report out of the U.S showing that they created 272k jobs in May- this sent both GBPUSD and EURUSD lower instantly as it was a big surprise to the market- the wider implication is that the stronger the U.S economy is, the...
by Prem Raja | Mar 31, 2024 | EUR, FX, GBP, USD
March and the first quarter as a whole were very supportive for Sterling exchange rates, given the fact that we are now in an economic environment where the UK has officially fallen into a recession and that we are now talking about interest rate cuts, it has been a...
by Prem Raja | Mar 17, 2024 | EU, EUR, FX, GBP, USD
Hello all, I hope this message finds you well. Firstly, I’d like to extend my sincere apologies for my absence over the past couple of weeks. I’ve been on paternity leave, cherishing precious moments with my newborn. However, I’m thrilled to announce...
by Prem Raja | Jan 21, 2024 | EU, EUR, GBP, GDP, USD
A pretty well performing week was put to a halt on Sterling following retail sales data showing that UK shoppers were spending a lot less this December, this may have come down to the fact that consumers were buying in November during sale periods instead of waiting...
by Prem Raja | Aug 20, 2023 | EU, EUR, FX, GBP, USD
From Monday-Thursday Sterling actually performed pretty well on the week, with Pound to Euro rate reaching 1.1730 and the Pound to Dollar rate hitting 1.28. Unfortunately, on Friday morning, weak UK retail sales showed a fall of -1.2% which brought Sterling down...
