by Prem Raja | Jun 23, 2024 | EU, EUR, FX, GBP, USD
After a week in the beautiful cities of Porto and Braga, I am now back in the UK and in the office- hopefully my great team have been able to take care of you all. The major story last week was the Bank of England making it very clear that they are preparing for a...
by Prem Raja | Apr 7, 2024 | EU, EUR, FX, GBP, USD
Last week, a substantial influx of data exerted pressure on the market. Notably, Janet Yellen from the U.S. government is currently in China, engaging in discussions aimed at fostering mutually beneficial agreements. A significant aspect of these discussions involves...
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 | Feb 11, 2024 | EU, EUR, FX, GBP, GDP, USD
Sterling exchange rates have stayed resilient over the last week with an impressive close on Friday with GBPEUR above 1.17 and GBPUSD above 1.26, following a pretty choppy week. This week we have a lot of data out of the UK which we expect to move the markets,...
by Prem Raja | Nov 5, 2023 | EU, EUR, GBP, USD
After an important week of data and Central Bank decisions- Sterling exchange rates have managed to stabilise higher than where they started last week, both up around 1% respectively. The main reason for this was the Bank of England meeting where Governor Bailey...