Market Reports
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1 min readWelcome to the weekly market update from IFX payments. The global economy was allowed a brief sigh of relief this morning as big movements were made in the US and China trade talks. Read on to find out more. Current rates Currency pair Rate eur usd 1.1099 gbp eur 1.1864 gbp usd 1.3170 Rates correct as […]
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1 min read Welcome to the weekly market update from IFX payments. The global economy was allowed a brief sigh of relief this morning as big movements were...IFX Market Report: Friday 2nd August 2024
2 min read Thursday saw the bank of England drop interest rates for the first time since March 2020. Yesterdays 0.25% cut saw the BOE base rate fall...IFX Market Report: Tuesday 9th January 2024
3 min read Rishi Sunak, set out on Monday that the country is heading in the right direction as it enters an anticipated election year. He has placed...IFX Market Report: Wednesday 8th November 2023
3 min read At the end of the previous week, the US stock markets experienced a boost as recent data revealed a significant slowdown in job growth in...IFX Market Report: Tuesday 14th November 2023
3 min read Rightmove reported that home asking prices in Britain have experienced the most rapid decline in five years for this time of the year. Despite the...
IFX Market Report: Wednesday 1st November 2023
2 min readThe Bank of England is likely to maintain its current interest rates, which are at their highest levels since before the financial crisis, this week.
IFX Market Report: Tuesday 24th October 2023
3 min readAccording to the latest data from the Office for National Statistics (ONS), the UK’s unemployment rate increased by 0.2% in the three months ending in August.
IFX Market Report: Thursday 19th October 2023
2 min readIn a surprising turn of events, the UK saw no change in inflation for September, with it remaining at 6.7%.
IFX Market Report: Monday 9th October 2023
3 min readAccording to a survey conducted by the British Chambers of Commerce, UK businesses are hesitant to make significant investments in machinery and new technology.