Market Reports
IFX Market Report: Friday 2nd August 2024
2 min readThursday 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 from 5.25% to 5%. Rates in 2020 were 0.1% and remained there until rate hikes started in December 2021, with gradual hikes which finally saw the base rate halt in […]
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IFX Market Report: Tuesday 14th December 2021
2 min readMarkets traded rather flat on Monday as investors brace themselves ahead of global central bank meetings this week.
IFX Market Report: Monday 13th December 2021
2 min readSterling was able to gain some subtle upside to close the week on Friday, but still remains under pressure from Omicron fears and political problems.
IFX Market Report: Friday 10th December 2021
2 min readSterling found itself under pressure once again on Thursday as UK cases of the Omicron variant are spreading faster than previously predicted by experts.
IFX Market Report: Thursday 9th December 2021
2 min readThe British Pound struggled against the Euro and Dollar yesterday as the UK government announced tighter restrictions to “curb the spread of the virus”.
IFX Market Report: Wednesday 8th December 2021
2 min readMarkets traded rather flat on Tuesday with little significant price-action in the session.
IFX Market Report: Tuesday 7th December 2021
2 min readSterling was boosted on Monday morning following comments from the Bank of England’s Ben Broadbent.
IFX Market Report: Monday 6th December 2021
2 min readSterling struggled on Friday as poor PMII data stunted any upside in the session.
IFX Market Report: Friday 3rd December 2021
2 min readMarkets traded largely flat yesterday as investors wait for further direction on the Omicron COVID-19 variant.
IFX Market Report: Thursday 2nd December 2021
2 min readDespite catching “fresh bids during the European session” on Tuesday morning, Cable came under significant selling pressures in the afternoon, closing the day back in the 1.32 range.
