by Prem Raja | Jan 31, 2021 | Brexit, EU, EUR, FX, GBP, USD
Over the last week Pound Sterling exchange rates have been comfortably moving higher- albeit at a slow pace (Which in my opinion is a solid proof of trend confirmation)- predominantly against the Dollar and Euro. As I have written in previous articles- the main reason...
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...
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,...