by Prem Raja | Aug 13, 2023 | Brexit, EU, EUR, FX, GBP, USD
After positive UK GDP data, the Pound traded a little higher on Friday after a relatively disappointing performance over the week- the data showed that the UK economy has in fact still grown a little through this current cost of living crisis- for those of you in the...
by Prem Raja | May 1, 2023 | EU, EUR, FX, GBP, USD
With just a 4 day week ahead of us in the UK before the King’s Coronation, we have a relatively volatile week on the cards with Central Banks as the key focus- which could present some great opportunities for those buying and selling Sterling. First of all, on...
by Prem Raja | Apr 23, 2023 | EU, EUR, FX, GBP, USD
Last week we saw the Pound weaken slightly after disappointing retail sales figures- this was also coupled with Deputy Prime Minister Dominic Raab’s resignation. Most of the drop in retail sales seems to have come from food (Which is where a lot of the inflation...
by Prem Raja | Apr 16, 2023 | EU, EUR, FX, GBP, USD
After a disappointing retail sales release from the U.S on Friday, we saw the markets very quickly jump into positions on the Dollar- GBPUSD fell from 1.25 down to 1.24, EURUSD from 1.10 down to 1.09, and GBPEUR from 1.1370 down to 1.1280. So why did the Dollar...
by Prem Raja | Apr 10, 2023 | Brexit, EU, EUR, FX, GBP, GDP, USD
Markets have been quiet due to the extended Easter Bank Holiday weekend- but on Friday we did have U.S NFP’s release- and though the number was better than expected, the market seems to now be in agreement that the last few months of job cuts globally will now...
