by Prem Raja | Aug 1, 2021 | Brexit, EU, EUR, FX, GBP, USD
Sterling managed to recover its losses against the Euro going into the end of July and managed to recover to 1.39 against the Dollar. We saw the Dollar Index strengthen through July which managed to take away momentum from most assets over the last 30 days, but since...
by Prem Raja | Jul 25, 2021 | Brexit, EU, EUR, FX, GBP, USD
It has been yet another volatile week on the FX markets with sentiment being very risk-off on Monday morning and Sterling beginning the week on the back foot, with lows against the Euro of 1.1530 and lows against the U.S Dollar of 1.3570. Amazingly enough, Sterling...
by Prem Raja | Jun 27, 2021 | EU, EUR, FX, GBP, USD
We saw GBP exchange rates soften after a strong run up to the Bank of England interest rate decision on Thursday, the reason for the sell off was more of a “Buy the rumour, sell the news” event as no shift in monetary policy was expected- and it seems...
by Prem Raja | Jun 6, 2021 | EU, EUR, FX, GBP, USD
The last week was a positive one for Sterling exchange rates with GBPEUR hitting 1.1670 and GBPUSD going to 1.4250 due to positive UK data over the week. Generally, we have had pretty boring FX markets over the last couple of weeks with prices moving in relatively...
by Prem Raja | May 15, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week we have seen Sterling exchange rates continue to rise against the Euro & Dollar as the UK plans to move to the next stage of reopening on 17th May- which will see many more businesses able to reopen which I am sure is music to all of our ears!...
