by Prem Raja | May 17, 2020 | Brexit, EU, EUR, FX, GBP, GDP, Misc.
Pound to Euro rates had their worst week since the big pandemic sell-off in March- closing on Friday evening at lows of 1.1180, which was an over 2% drop. Against other currencies, Sterling fell further, with Pound to Dollar exchange rates falling over 4% to 1.20. The...
by Prem Raja | Mar 22, 2020 | Brexit, EU, EUR, FX, GBP, GDP, USD
Sterling lost a lot of ground over the last week against most major currencies- seeing lows of 1.14 against the U.S Dollar and 1.06 against the Euro. The Bank of England cut rates to 0.10% and increased QE to record amounts, alongside the ECB announcing a 750bn...
by Prem Raja | Dec 8, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, the odds for a Conservative majority to be achieved rose above 70% (On Betfair), which was the catalyst for Sterling rising to 1.1850 against the Euro and 1.3150 against the U.S Dollar. It is clear at this point that the direction for Sterling is now...
by Prem Raja | Dec 1, 2019 | Brexit, EU, EUR, FX, GBP, USD
The markets have been relatively volatile over the last few weeks due to the upcoming General Election- and with opinion polls coming out on a daily basis with different results- I thought now would be a good time to start looking at possible outcomes for the election...
by Prem Raja | Nov 10, 2019 | Brexit, EU, EUR, FX, GBP, USD
The Pound has been in a sideways range over the past week against the Euro, floating between the 1.1550-1.1620 range. I believe the reason for this is that the market has currently priced in a Conservative majority for this election- which is currently being reflected...
