by Prem Raja | Feb 23, 2025 | EU, EUR, FX, GBP, USD
Last week was a positive one for Sterling, with stronger-than-expected employment figures, higher inflation (which pushes back expectations of interest rate cuts), and strong retail sales data. Since much of this wasn’t fully priced into the market, Sterling...
by Prem Raja | Jan 26, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week, we saw the “Trump Trade” unwind as the Dollar softened on speculation that President Trump’s tariff policies may not be as aggressive as initially feared. This shift led to a 2% rise in both GBPUSD and EURUSD, bringing some welcome relief to...
by Prem Raja | Jan 19, 2025 | EU, EUR, FX, GBP, USD
Last week was challenging for Sterling, with disappointing data culminating in weak retail sales figures. This pushed GBPEUR to 1.18 and GBPUSD to 1.21. Just two months ago, GBPEUR was trading above 1.20 and GBPUSD above 1.30, underscoring how quickly market dynamics...
by Prem Raja | Jan 12, 2025 | EUR, FX, GBP, USD
The first full week of the year was not short on volatility, with bond yields in the UK surging beyond 5%. This sharp rise reflects investor concerns about the UK Government’s ability to manage its debt and potential overspending. As a result, we may see...
by Prem Raja | Dec 1, 2024 | EU, EUR, FX, GBP, USD
November was a very volatile month mainly due to the U.S. presidential election and issues in the German government, we saw some big moves in FX, we have GBPEUR at 1.20, EURUSD at 1.05 (Down from 1.10) and GBPUSD at 1.27 (Down from 1.32)- the longevity of these moves...
