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: Wednesday 29th September 2021
2 min readGBPEUR feel dramatically yesterday, giving up the gains the pair made on Monday.
IFX Market Report: Tuesday 28th September 2021
2 min readThe British Pound was given another boost yesterday.
IFX Market Report: Monday 27th September 2021
2 min readAfter a disappointing week Sterling was able to rally against the Euro and Dollar yesterday as the Bank of England said the case for higher interest rates “appeared to have strengthened”.
IFX Market Report: Friday 24th September 2021
2 min readAfter a disappointing week Sterling was able to rally against the Euro and Dollar yesterday as the Bank of England said the case for higher interest rates “appeared to have strengthened”.
IFX Market Report: Thursday 23rd September 2021
2 min readThe US Dollar gained momentum towards the end of yesterdays session.
IFX Market Report: Thursday 16th September 2021
2 min readThe pound remained steady following high inflation data which saw a reading of 3.2% in August compared to 2% in July.
IFX Market Report: Wednesday 15th September 2021
2 min readEarly employment data released on Tuesday showed a record 241,000 new members of staff were added to payroll across the UK in August.
IFX Market Report: Friday 3rd September 2021
2 min readSterling was able to make impressive gains on Thursday as Cable surpassed the 1.38 handle.
IFX Market Report: Thursday 2nd September 2021
2 min readLast Friday’s virtual Jackson Hole Symposium continued to trouble the Greenback on the Wednesday session.
