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 September 2021
2 min readLast Friday’s virtual Jackson Hole Symposium continued to trouble the Greenback on the Wednesday session.
IFX Market Report: Wednesday 1st September 2021
2 min readIn a rare turn of events, the Euro exhibited some vigour yesterday, making subtle advances against the Pound.
IFX Market Report: Tuesday 31st August 2021
2 min readDespite yesterday being a bank holiday in England, Sterling was still susceptible to losses as damaging news on COVID-19 forced the currency lower.
IFX Market Report: Monday 30th August 2021
2 min readFed Chair Jerome Powell’s speech forced the Greenback lower on Friday, causing the US Dollar Index to plunge by more than 0.8% in the week.
IFX Market Report: Friday 27th August 2021
2 min readThe markets focus for today will be the Jackson Hole Symposium and Fed Chair Jerome Powell’s speech.
IFX Market Report: Thursday 26th August 2021
2 min readMarkets traded flat on Wednesday, mainly due to the fact there were little economic releases of note.
IFX Market Report: Wednesday 25th August 2021
2 min readAfter a somewhat successful rally, Sterling is once again on the retreat.
IFX Market Report: Tuesday 24th August 2021
2 min readSterling was on the front foot yesterday, exhibiting “substantial resilience in dismissing bad news”.
IFX Market Report: Monday 23rd August 2021
2 min readDespite a disappointing Retail Sales release early on Friday morning, Sterling traded well given the adverse market conditions.