by Prem Raja | Jun 7, 2020 | Brexit, EU, EUR, FX, GBP, USD
Over the last week, we had many catalysts we were watching that could affect the market- the first being Brexit negotiations- which by Friday, showed enough signs of continuance to not scare traders away- it was stated that progress was limited, but any progress is...
by Prem Raja | Apr 10, 2020 | Brexit, EU, EUR, FX, GBP, USD
Ever since coronavirus was labelled a global pandemic, it has unfortunately spread very fast around the world, but not just through people- through economies as well. A country’s currency is directly or indirectly linked to its economy, so as economies are beginning...
by Prem Raja | Mar 8, 2020 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, we saw the Euro become the strongest currency of the week amid coronavirus fears across the globe and fearful markets. The Fed did an emergency interest rate cut (First time this has happened since the Lehman collapse in 2008) which pushed EURUSD up...
by Prem Raja | Mar 1, 2020 | Brexit, EU, EUR, FX, GBP, USD
Well, what a week it was for Sterling; We saw GBPEUR drop to 1.16 (From 1.20) and GBPUSD drop to 1.27 (From 1.30). There have been several reasons for the drop over the last week; the main ones being the coronavirus outbreak, stock markets bleeding, loss of confidence...
by Prem Raja | Feb 23, 2020 | Brexit, EU, EUR, FX, GBP, USD
Sterling had a good start to last week- this was unfortunately short-lived as GBPEUR exchange rates fell to the 1.19 area and GBPUSD fell as low as 1.28. The reason for this was a mix of Brexit deal headlines and the fact that the U.S Dollar has now become a safe...
