by Prem Raja | Jan 10, 2021 | EU, EUR, FX, GBP, USD
I must say, the last week has felt like a year! Never have I experienced such an eventful first week of a year in my entire life. It seems 2021 did not want to ease us in and just get straight to it! So let’s quickly run through the goings on of the last week-...
by Prem Raja | Nov 22, 2020 | Brexit, EU, EUR, FX, GBP, USD
As a whole, I would say that last week was pretty flat for Sterling; we didn’t see much movement in either direction which was pretty typical for the third week of the month- this week however, does have the potential to be different. So what do we have ahead of...
by Prem Raja | Nov 15, 2020 | Brexit, EU, EUR, FX, GBP
It was an interesting week for Pound-Euro exchange rates with rates reaching as high as 1.1275 on Wednesday before dipping to 1.1150 by Friday- and also GBPUSD reaching 1.33 before falling back to the 1.31 area by Friday close. The next Brexit deadline is supposed to...
by Prem Raja | Oct 4, 2020 | Brexit, EU, EUR, FX, GBP, USD
It was nice to see Pound to Euro and Pound to Dollar exchange rates rise a little over the last week on the back of Brexit talks going a little better than expected. We closed on Friday with GBPEUR above 1.10 and GBPUSD above 1.29 which was a welcome 2% gain on both...
by Prem Raja | Sep 13, 2020 | Brexit, EU, EUR, FX, GBP
Well, I guess the title says it all, doesn’t it? I said last week that Brexit could add some volatility, and it looks like it went 10 steps further and grabbed the spotlight for the whole week resulting in a Sterling sell-off. The reason for this sell-off? I am...