by Prem Raja | May 6, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
After 4 weeks of weakness for the Pound, we finally saw a great move of strength late Friday afternoon after the terrible results for Labour and Conservative after the local elections. The results have encouraged many senior Tory party members to put pressure on their...
by Prem Raja | Mar 16, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
The last week went pretty much as expected as far as politics is concerned, PM Theresa May’s deal was rejected and MP’s voted to file for an extension of Article 50- which could now mean more volatility for the Pound. GBPEUR hit a 22 month high of 1.18...
by Prem Raja | Feb 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, UK PM, Theresa May suffered another defeat in the House of Commons- Brexit is still the main driver for the Pound at the moment and as March 29th keeps getting closer and closer- it seems the volatility is not going to slow down. Though negotiating tactics...
