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 | Nov 29, 2020 | Brexit, EU, EUR, FX, GBP, USD
As we closed on Friday we surprisingly saw Sterling give up gains against both the Euro and the Dollar; hitting 1.1125 against the Euro and 1.3305 against the Dollar. The main reason for this was lack of progress on the Brexit deal- and though talks are still...
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...