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: Thursday 13th January 2022
2 min readJerome Powell’s comments on Tuesday lead to a weaker Dollar yesterday, allowing both the Euro and Pound to capitalize against the Greenback in the Wednesday session.
IFX Market Report: Wednesday 12th January 2022
2 min readThe Pound advanced on Tuesday against both the Euro and Dollar, supported by the markets “expectations that the Bank of England will raise interest rates further”.
IFX Market Report: Tuesday 11th January 2022
2 min readThe US Dollar edged higher against the Euro and Sterling on Monday as “recent employment data prompted some Wall Street banks to raise their estimates for how quickly the Federal Reserve will raise interest rates this year”.
IFX Market Report: Monday 10th January 2022
2 min readThe US Dollar ended last week in red, suffering losses from the release of December Jobs Report.
IFX Market Report: Friday 7th January 2022
2 min readSterling continued to hold its own on Thursday, marking gains against both the Euro and Dollar.
IFX Market Report: Thursday 6th January 2022
2 min readAfter struggling against its major rivals during the first half of the European trading day, the US Dollar “made a sharp U-turn in the late American session” due to rising US Treasury bond yields.
IFX Market Report: Wednesday 5th January 2022
2 min readSterling exhibited impressive resilience on Tuesday to mark gains against both the Euro and Dollar.
IFX Market Report: Tuesday 4th January 2022
2 min readA stronger Dollar was able to mark gains against both Sterling and the Euro on Monday.
IFX Market Report: Friday 31st December 2021
2 min readThe Pound and Euro marked gains against the Dollar once again on Thursday.