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 26th July 2021
2 min readCable showed some positive signs of improvement on the Friday session, but upside gains were capped as a strong intraday pickup in US Treasury bond yields helped boost the Dollar.
IFX Market Report: Friday 23rd July 2021
2 min readFX markets remained relatively flat on Thursday following the European Central Bank’s (ECB) latest Interest Rate Decision.
IFX Market Report: Thursday 22nd July 2021
2 min readSterling was able to end its multi-day losing streak on Wednesday as market sentiment improved globally.
IFX Market Report: Wednesday 21st July 2021
2 min readSterling is weaker this morning as COVID-19 Delta cases continue to rise in the UK.
IFX Market Report: Tuesday 20th July 2021
2 min readOn Monday risk aversion weighed heavy of the British Pound, as global markets experienced their “worst day of the year so far”.
IFX Market Report: Monday 19th July 2021
2 min readSterling was weaker on Friday, enabling both the Dollar and Euro to capitalize as markets transitioned to a more ‘risk-off’ environment.
IFX Market Report: Friday 16th July 2021
2 min readAfter a tough week, the US Dollar starts this morning on the front foot, making advances against both the Euro and Sterling.
IFX Market Report: Thursday 15th July 2021
2 min readThe US Dollar weakened yesterday afternoon as Federal Reserve Chair Jerome Powell “stuck to the script on monetary policy” at his latest testimony.
IFX Market Report: Wednesday 14th July 2021
2 min readCable came under pressure on Tuesday as US CPI data indicated that inflation is at its highest point in 13 years.