by Prem Raja | Nov 3, 2024 | EU, EUR, FX, GBP, USD
Following the bond sell off’s last week after the Chancellor’s Autumn budget, the Pound has managed to steady itself going into the new week, as it seems Gilt investors are convinced of the Government’s spending plans- how this plays out over coming...
by Prem Raja | Sep 1, 2024 | EU, EUR, FX, GBP, USD
August is generally a low liquidity month, however, we saw some pretty sharp moves on Sterling across the board with a rise on GBPEUR to 1.19, a drop to 1.15 and then a rise back to 1.19 again at the end of the month. We also got some concrete information from Central...
by Prem Raja | Mar 17, 2024 | EU, EUR, FX, GBP, USD
Hello all, I hope this message finds you well. Firstly, I’d like to extend my sincere apologies for my absence over the past couple of weeks. I’ve been on paternity leave, cherishing precious moments with my newborn. However, I’m thrilled to announce...
by Prem Raja | Nov 19, 2023 | EU, EUR, FX, GBP, USD
Last week was generally pretty supportive for Sterling exchange rates from a data perspective- however on Friday this all changed very quickly as retail sales numbers came out as low as they were last in the pandemic. These spending numbers have pretty much confirmed...
by Prem Raja | Jun 18, 2023 | EU, EUR, FX, GBP, USD
Sterling exchange rates had a brilliant end to the week with GBPUSD closing at 1.2817 and GBPEUR closing at 1.1716- both very interesting levels for Sterling sellers globally. The main reason for the gains is that we have seen the Dollar index weaken slightly and thus...
