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 3, 2021 | Brexit, EU, EUR, FX, GBP, USD
I hope you all had a great Christmas and New Year- in a blink it seems we are now in 2021, but fortunately, not carrying some of the baggage from 2020. On Christmas Eve, the Brexit trade deal was agreed and was ratified last week- now, of course, this does not mean...
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 | Nov 22, 2020 | Brexit, EU, EUR, FX, GBP, USD
As a whole, I would say that last week was pretty flat for Sterling; we didn’t see much movement in either direction which was pretty typical for the third week of the month- this week however, does have the potential to be different. So what do we have ahead of...
by Prem Raja | Nov 15, 2020 | Brexit, EU, EUR, FX, GBP
It was an interesting week for Pound-Euro exchange rates with rates reaching as high as 1.1275 on Wednesday before dipping to 1.1150 by Friday- and also GBPUSD reaching 1.33 before falling back to the 1.31 area by Friday close. The next Brexit deadline is supposed to...
