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: Monday 21st February 2022
2 min readRisk sentiment soured on Friday as tensions over the Russia-Ukraine conflict appeared to get worse.
IFX Market Report: Friday 18th February 2022
2 min readSterling was able to mark gains against both the Euro and Dollar yesterday as “expectations of a rate hike by the Bank of England continued to support the Pound”.
IFX Market Report: Thursday 17th February 2022
2 min readSterling was able to make subtle gains against the Dollar on Wednesday, edging slightly higher after the release of the Federal Reserve’s January Minutes.
IFX Market Report: Wednesday 16th February 2022
2 min readThe Euro enjoyed a strong run of form on Tuesday as geopolitical tensions appeared to ease with reports “that some Russian forces had moved away from the Ukrainian border”.
IFX Market Report: Tuesday 15th February 2022
2 min readSterling was able to make minor gains on Monday as global risk sentiment soured due to growing tensions between Russia and Ukraine.
IFX Market Report: Monday 14th February 2022
2 min readSterling remained steady on Friday as the latest data from the Office for National Statistics showed that the British economy grew 7.5% in 2021, rebounding “from its historic 9.4% plunge in 2020 when pandemic restrictions stifled activity”.
IFX Market Report: Friday 11th February 2022
2 min readAfter consecutive days of little activity in the foreign exchange markets, soaring US inflation data published yesterday afternoon finally gave investors something to act on.
IFX Market Report: Thursday 10th February 2022
2 min readForeign exchange markets once again saw little price action on Wednesday as investors turn their attention to today’s economic data releases.
IFX Market Report: Wednesday 9th February 2022
2 min readForeign exchange markets once again traded flat on Tuesday as investors await a busy schedule of economic data releases on Thursday.