by Prem Raja | Apr 28, 2024 | EU, EUR, GBP, GDP, USD
Sterling exchange rates are in a strange position currently, on one hand, they are outperforming against the Euro, and on the other, severely underperforming against the U.S. dollar, which has strengthened by 3% since March. On Friday, GBPEUR closed at 1.1680, a solid...
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 | 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 28, 2024 | EUR, FX, GBP, USD
Sterling to Euro exchange rates rose again last week against the Euro following forward guidance given by the ECB. The key reason why we saw another jump in GBPEUR exchange rates is that President Lagarde didn’t rule out a cut in April but definitely, a cut by...
by Prem Raja | Nov 13, 2023 | EU, EUR, FX, GBP, GDP, USD
It is no secret that Sterling exchange rates have been under pressure over the last month, with economic sentiment weighing heavy on the Pound alongside the BoE signaling that they are at the end of their rate hike cycle- Monday is a relatively quiet day on the data...
