by Prem Raja | Apr 18, 2021 | EUR, FX, GBP, USD
Last week was a relatively bad week for Sterling exchange rates; we saw GBPEUR as low as 1.1460 and GBPUSD as low as 1.3740 before rising again on Friday ending the week higher. Interestingly enough much of the week was spent by analysts looking for reasons why this...
by Prem Raja | Apr 5, 2021 | EU, EUR, FX, GBP, USD
Yes, you read that correctly- As I am writing this on my day off (And a day we cannot trade)- GBPEUR has hit a new high of 1.18. The recent move in Sterling is still very much in line with the reopening of the UK and the PM’s roadmap. The latest announcement has...
by Prem Raja | Feb 7, 2021 | EU, EUR, FX, GBP, USD
So far everything is going to plan with Sterling exchange rates; we have seen GBPEUR reach 1.14 and GBPUSD reach above 1.37 over the last week- solely down to the UK’s vaccine rollout in comparison to Europe & America. The exchange rates were also pushed...
by Prem Raja | Jan 24, 2021 | EU, EUR, GBP, USD
Last week we saw some strength in Sterling exchange rates with GBPEUR hitting 1.13 and GBPUSD hitting 1.3750 before pulling back at the end of the week. It seems that the “Vaccine trade” is in full force and with the UK’s so far fantastic rollout of...
by Prem Raja | Jan 17, 2021 | EU, EUR, FX, GBP, USD
Sterling exchange rates ended lower against the Euro and Dollar on Friday after a few days of strength against most G10 currencies. The reason for the initial strength last week was the Bank Of England indicating that the chances of negative interest rates were now...