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...
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 | Dec 20, 2020 | Brexit, EU, EUR, FX, GBP, USD
On the Brexit front, we have yet another uneventful weekend- with no real news coming from talks apart from the fact that Brexit negotiators will continue into Monday. On Thursday, the EU made Sunday the deadline for a deal so it could be ratified before Christmas,...
by Prem Raja | Dec 13, 2020 | Brexit, EU, EUR, FX, GBP, USD
Last week became extremely eventful after Boris Johnson’s meeting with EU Commission President Ursulsa von der Leyen seemed to go South and No-Deal preparations were the only headline you could read from Thursday into Friday. The agreement was they would...
by Prem Raja | Oct 25, 2020 | Brexit, EU, EUR, FX, GBP, USD
After a much needed week off- I am now back on my desk feeling very refreshed and ready for what the market has in store for us for the rest of 2020. Looking at rates over the last week, it seems the Pound to Euro exchange rate came down a little on Friday bringing us...
