by Prem Raja | Sep 15, 2024 | EU, EUR, FX, GBP, USD
This week will most probably be the highlight for September; so far Sterling is in a good position as of the close on Friday, and we have a few releases through the week before we get to the Central bank meetings. On Monday we have Eurozone balance of trade data which...
by Prem Raja | Sep 1, 2024 | EU, EUR, FX, GBP, USD
August is generally a low liquidity month, however, we saw some pretty sharp moves on Sterling across the board with a rise on GBPEUR to 1.19, a drop to 1.15 and then a rise back to 1.19 again at the end of the month. We also got some concrete information from Central...
by Prem Raja | Jul 28, 2024 | Misc.
Last week traders showed their hand by selling off the Pound on expectations that the BoE would be cutting interest rates this Thursday- with GBPEUR now trading at 1.1850 and GBPUSD trading at 1.2860. Now UK elections are over I feel the cut is warranted. It seems...
by Prem Raja | Jul 14, 2024 | Misc.
The Euros are over and we are now back to life without football- Sterling exchange rates had a strong push-up through the week with GBPEUR closing the week at 1.19 and GBPUSD closing the week above 1.29- which gives us a very nice springboard into a potentially...
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...
