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 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.
IFX Market Report: Friday 20th August 2021
2 min readSterling suffered on Thursday as adverse market conditions forced the currency lower.
