by Prem Raja | Aug 11, 2024 | EU, EUR, GBP, GDP, USD
Over the last week we have only seen a slight recovery on Sterling exchange rates, with GBPEUR now reaching 1.1680 and GBPUSD now reading 1.2750- which is still 1.5% away from the highs just two weeks ago. We have seen a material change in the market since the BoJ...
by Prem Raja | Jul 28, 2024 | Misc.
Last week traders showed their hand by selling off the Pound on expectations that the BoE would be cutting interest rates this Thursday- with GBPEUR now trading at 1.1850 and GBPUSD trading at 1.2860. Now UK elections are over I feel the cut is warranted. It seems...
by Prem Raja | Jul 14, 2024 | Misc.
The Euros are over and we are now back to life without football- Sterling exchange rates had a strong push-up through the week with GBPEUR closing the week at 1.19 and GBPUSD closing the week above 1.29- which gives us a very nice springboard into a potentially...
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 | May 27, 2024 | EU, EUR, FX, GBP, USD
Last week was quite eventful for Stering exchange rates with a higher than expected inflation print causing GBPEUR to spike to 1.1770 and GBPUSD to 1.2770- the data overall was seen as positive as it was low enough for the Government to take a victory lap, but now low...
