by Prem Raja | May 9, 2021 | EU, EUR, FX, GBP, USD
The last week was quite volatile for Sterling, with a positive start to the week that was then reversed after comments from the Bank of England. Unfortunately, the Central Bank was unable to provide any new catalysts to spur on further buying for GBP which resulted in...
by Prem Raja | May 3, 2021 | FX, GBP, USD
It has been quite an interesting month as far as FX movement is concerned on G10 pairs- from the beginning of April to the end GBPEUR has traded as low as 1.1460 and as high as 1.1784 and GBPUSD has traded as low as 1.3677 and as high as 1.40 (Momentarily). The theme...
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 11, 2021 | EU, EUR, FX, GBP, USD
Pound Sterling exchange rates were down across the board over the last week, notably against the Euro and Dollar with GBPEUR seeing lows of 1.1480 and GBPUSD being as low as 1.3660. There a few reasons why we saw this drawdown in GBP- the first is that the...
by Prem Raja | Mar 21, 2021 | EU, EUR, FX, GBP, USD
The Dollar was definitely King over the last week- with strength going into the greenback preventing any real meaningful strength into Sterling and Euro. The main topics over the last week was vaccinations and lockdowns, predominantly the use of the Astra Zeneca...
