by Prem Raja | Jun 30, 2024 | EU, EUR, FX, GBP, USD
The first week of July brings is what has the potential to be a very volatile week with both UK and French elections on the cards (Alongside a very busy economic calendar). On Sunday the first round of voting begun, unfortunately, I am writing this while votes are...
by Prem Raja | Jun 23, 2024 | EU, EUR, FX, GBP, USD
After a week in the beautiful cities of Porto and Braga, I am now back in the UK and in the office- hopefully my great team have been able to take care of you all. The major story last week was the Bank of England making it very clear that they are preparing for a...
by Prem Raja | May 12, 2024 | EU, EUR, FX, GBP, GDP, USD
The last week was pretty volatile for Sterling exchange rates, with the Pound falling prior and following the BoE decision. The simple update is that 2 members voted for a cut which meant that traders have now started to price in the first BoE cut for June- this...
by Prem Raja | Feb 4, 2024 | EU, EUR, FX, GBP, Misc., USD
Last week was generally quite stable for Sterling following the Bank of England decision where rates were held with no real immediate concern for any cuts coming soon- the big news though was the NFP report on Friday which showed that the U.S had added 353k jobs in...
by Prem Raja | Nov 26, 2023 | EU, EUR, FX, GBP, USD
Last week’s data releases provided strength for the Pound after a pretty downbeat month or so on the market- showing that UK PMI numbers were back over the 50 area, which means that the UK economy is no longer contracting- we may not see massive growth over the...