by Prem Raja | Mar 16, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
The last week went pretty much as expected as far as politics is concerned, PM Theresa May’s deal was rejected and MP’s voted to file for an extension of Article 50- which could now mean more volatility for the Pound. GBPEUR hit a 22 month high of 1.18...
by Prem Raja | Feb 17, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
Last week, UK PM, Theresa May suffered another defeat in the House of Commons- Brexit is still the main driver for the Pound at the moment and as March 29th keeps getting closer and closer- it seems the volatility is not going to slow down. Though negotiating tactics...
by Prem Raja | Jan 20, 2019 | Brexit, EU, EUR, GBP
Last week was potentially one of the biggest weeks in UK politics, with a historical defeat for Theresa May’s deal, with a vote of no confidence the following day. With these results, the assumption would have been due to the uncertainty in UK politics, the...
by Prem Raja | Jan 13, 2019 | Brexit, EU, EUR, FX, GBP, GDP, USD
I’m having Deja-vu, it feels like we’ve been in this exact same situation before! MP’s will finally vote on Theresa May’s deal on Tuesday 15th January (Which is also my birthday, so I am hoping for a calm day on the markets…), providing...
by Prem Raja | Jan 6, 2019 | Brexit, EU, EUR, FX, GBP
I hope you all had a wonderful festive period and new year- trading resumed last week but I thought I would leave it a week before I wrote my first report of 2019 as the first week is generally quiet- oh how I was wrong! In the first week of January, we have already...