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: Friday 19th November 2021
2 min readSterling had a tough session on Thursday, marking losses against both the Euro and US Dollar.
IFX Market Report: Thursday 18th November 2021
2 min readThe Euro suffered yesterday as the COVID-19 situation is Western Europe is becoming increasingly worse.
IFX Market Report: Wednesday 17th November 2021
2 min readThe UK’s Unemployment Rate dropped below forecast in September, coming in at 4.3% with a previous of 4.5%.
IFX Market Report: Tuesday 16th November 2021
2 min readThe Euro came under more pressure on Monday as European Central Bank President Christine Lagarde reiterated her view that conditions for a rate hike are “very unlikely” to be met in 2022.
IFX Market Report: Monday 15th November 2021
2 min readThe Dollar is trading strong this morning, still finding gains from last week’s “surprisingly” high inflations figures, which in turn “prompted investors to advance their bets for a Fed rate hike”.
IFX Market Report: Friday 12th November 2021
2 min readThe Pound suffered a sharp decline on Thursday morning as a direct result of poor UK GDP data.
IFX Market Report: Thursday 11th November 2021
2 min readOctober’s US Inflation Rate came as a massive boost to the Greenback yesterday, helping the currency end a 3-day streak of losses.
IFX Market Report: Wednesday 10th November 2021
2 min readSterling had an uneventful session on Tuesday, trading rather flat against the Euro and US Dollar.
IFX Market Report: Tuesday 9th November 2021
2 min readSterling was able to make a slight recovery on Monday as a positive market sentiment helped the currency to rise.