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 […]
Read moreIFX Market Report: Monday 9th August 2021
2 min readThe US Dollar is trading strong this morning after a better-than-expected labour report on Friday.
IFX Market Report: Friday 6th August 2021
2 min readAs expected yesterday, The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to keep rates on hold and maintain its stimulus programme.
IFX Market Report: Wednesday 4th August 2021
2 min readWith little price action on Tuesday, it was once again a rather quiet day for G10 FX. Cable traded flat on the day and GBPEUR made subtle gains to the upside.
IFX Market Report: Tuesday 3rd August 2021
2 min readMarkets remained relatively flat yesterday as market sentiment remained calm.
IFX Market Report: Monday 2nd August 2021
2 min readThis week is likely to be an important one for Sterling as investors eagerly anticipate the Bank of England’s latest policy decision on Thursday.
IFX Market Report: Friday 30th July 2021
2 min readAhead of the all-important Bank of England (BoE) policy meeting next week, Sterling is enjoying favourable market conditions as risk sentiment improves this week.
IFX Market Report: Thursday 29th July 2021
2 min readMany economists concur that the Great British Pound “could see further gains against the Euro as investors buy into an economic recovery story that means the UK is set to grow faster than its Eurozone rivals in 2021”.
IFX Market Report: Wednesday 28th July 2021
2 min readSterling was able to make impressive gains on Tuesday as a drop in COVID-19 cases and a rise in office attendance gave the Pound a much-needed boost.
IFX Market Report: Tuesday 27th July 2021
2 min readAs COVID-19 cases in the United Kingdom continue to fall, the Pound is benefitting from a less ‘risk-off’ market environment.