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 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.
IFX Market Report: Wednesday 1st 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.
IFX Market Report: Tuesday 30th November 2021
2 min readThe new COVID-19 Omicron variant forced an uncertain mood over markets on Monday.
IFX Market Report: Monday 29th November 2021
2 min readThe Euro impressed on Friday, marking a rare session of gains against the Dollar and Pound.
IFX Market Report: Friday 26th November 2021
2 min readThe US Dollar maintained its recent run of form on Thursday as the US celebrated the Thanksgiving national holiday.
IFX Market Report: Thursday 25th November 2021
2 min readThe US Dollar gained momentum on Wednesday, marking gains against both the Pound and Euro.
IFX Market Report: Wednesday 24th November 2021
2 min readCable extended its losses on Tuesday as the US Dollar “continues to benefit from the reselection of Jay Powell as US Federal Reserve Chair”.
IFX Market Report: Tuesday 23rd November 2021
2 min readThe US Dollar was able to set a 16-month high against the Euro on Monday after Federal Reserve Chair Jerome Powell was nominated for a second four-year term by President Joe Biden.
IFX Market Report: Monday 22nd November 2021
2 min readStrong data on Friday enabled Sterling to maintain momentum in the session, marking gains against both the Dollar and Euro by the close of the week.