by Prem Raja | May 18, 2025 | EU, FX, GBP, USD
Sterling enjoyed improved performance over the last week, particularly against the Euro, driven largely by speculation surrounding ongoing UK-EU negotiations. Markets appear optimistic ahead of key talks scheduled for Monday, with traders hoping for positive outcomes....
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 27, 2025 | EU, EUR, FX, GBP, GDP, USD
After another volatile trading week, Sterling ended on a positive note thanks to unexpectedly strong UK retail sales data released on Friday. The better-than-anticipated figures provided a welcome boost to the Pound, suggesting consumers remain resilient despite...
by Prem Raja | Mar 2, 2025 | EU, EUR, FX, GBP, USD
Last Week’s Market Movements Last week brought significant volatility to the currency markets, particularly for Sterling and US Dollar pairs. We observed GBP/EUR rising to 1.2120, GBP/USD climbing to 1.27, and EUR/USD initially reaching 1.05 before retreating to...
by Prem Raja | Feb 23, 2025 | EU, EUR, FX, GBP, USD
Last week was a positive one for Sterling, with stronger-than-expected employment figures, higher inflation (which pushes back expectations of interest rate cuts), and strong retail sales data. Since much of this wasn’t fully priced into the market, Sterling...