Market Reports
sssadadasd
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 […]
Read more
IFX Market Report: Wednesday 26th January 2022
2 min readAfter a volatile start to the week, markets calmed on Tuesday. Sterling made subtle gains against both the Euro and the Dollar in yesterday’s session after recording tough losses on Monday.
IFX Market Report: Tuesday 25th January 2022
2 min readMonday proved to be a tough session for Sterling. The Pound marked devastating losses against both the Euro and US Dollar yesterday as global risk sentiment worsened.
IFX Market Report: Monday 24th January 2022
2 min readAfter a volatile week of trading, FX markets calmed on Friday and currencies remained largely rangebound.
IFX Market Report: Friday 21st January 2022
2 min readPoor economic data from the US forced the Dollar to remain “rangebound on Thursday as this week’s upward trajectory of U.S. Treasury yields took a breather”.
IFX Market Report: Thursday 20th January 2022
2 min readAfter the Office for National Statics announced UK inflation increased to 5.4% in December, the Pound rallied against its peers, marking gains against both the Euro and Dollar.
IFX Market Report: Wednesday 19th January 2022
2 min readRising US bond yields were able to strengthen the Dollar on Wednesday ahead of next weeks all-important Federal Reserve policy meeting.
IFX Market Report: Tuesday 18th January 2022
2 min readAfter an impressive rebound on Friday, the Dollar proceeded to edge higher on Monday “as traders continued to hold on to Dollars but took the view that Federal Reserve tightening plans were largely priced in”.
IFX Market Report: Monday 17th January 2022
2 min readThe US Dollar was able to end a three-day losing streak on Friday “as the recent selling spree driven by the view that Federal Reserve tightening moves were largely priced in abated, and as weaker risk appetite in financial markets led investors to shun riskier currencies”.
IFX Market Report: Friday 14th January 2022
2 min readAfter a few consecutive days of volatility, price-action was subdued on Thursday.