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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IFX Market Report: Friday 1st April 2022
2 min readAfter a strong run of form on Wednesday, the Euro struggled yesterday, marking losses against both Sterling and the Dollar.
IFX Market Report: Thursday 31st March 2022
2 min readSterling managed to recover some ground against the Dollar on Wednesday despite market sentiment worsening.
IFX Market Report: Wednesday 30th March 2022
2 min readThe Euro made strong advances on Tuesday due to “constructive peace talks between Ukraine and Russia”.
IFX Market Report: Tuesday 29th March 2022
2 min readSterling declined against the Euro and Dollar yesterday after Bank of England (BoE) Governor Andrew Bailey said that Britons will be facing a “very large shock to aggregate real income and spending” from rising prices of energy and imported goods.
IFX Market Report: Monday 28th March 2022
2 min readSterling was able to finish last week with minor advances against both the Euro and Dollar.
IFX Market Report: Wednesday 23rd March 2022
2 min readSterling advanced on Tuesday and recorded a two-week high against the Euro as the Pound “continued to retrace losses which followed what investors perceived as a “dovish” interest rate hike by the Bank of England on March 17”.
IFX Market Report: Tuesday 22nd March 2022
2 min readSterling remained firm on Monday despite many downside pressures and a stronger Dollar.
IFX Market Report: Monday 21st March 2022
2 min readAn improved market mood on Friday allowed Sterling to notch gains again both the Euro and Dollar.
IFX Market Report: Friday 18th March 2022
2 min readThe British Pound fell on Thursday as the Bank of England voted 8-1 in favour of raising interest rates by 0.25%, taking the base rate to 0.75%.