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: Tuesday 15th June 2021
2 min readDespite Sterling starting on the back foot yesterday, the Great British Pound was able claw back some of the losses it had made by the close.
IFX Market Report: Monday 14th June 2021
2 min readSterling is on the back foot this morning as senior ministers have signed off a decision to delay the lifting of all coronavirus restrictions in England beyond 21 June.
IFX Market Report: Wednesday 9th June 2021
2 min readCable dropped below 1.4150 on Tuesday due to growing fears over a possible delay in the UK’s reopening as a result of the rising cases of the Indian Delta COVID-19 strain.
IFX Market Report: Tuesday 8th June 2021
2 min readWith a light data calendar on Monday, G10 currencies remained somewhat flat as the Pound and Euro made subtle advances on an already shaky US Dollar.
IFX Market Report: Monday 7th June 2021
2 min readThe Dollar weakened on Friday due to disappointing US Labour data, enabling both Sterling and the Euro to advance.
IFX Market Report: Friday 4th June 2021
2 min readThe Pound struggled again on Thursday as markets became increasingly worried about the rise in Delta COVID-19 cases here in the UK.
IFX Market Report: Thursday 3rd June 2021
2 min readThe Pound was uninspiring on Wednesday, recording another day of losses against the Euro as GBPEUR closed above the 1.16 handle.
IFX Market Report: Wednesday 2nd June 2021
2 min readDespite reaching fresh 2-year highs against the US Dollar early in the session, The British Pound was the worst performing G10 on Tuesday, losing ground against both the Euro and USD.
IFX Market Report: Tuesday 1st June 2021
2 min readThanks to a weaker US Dollar, GBPUSD was able to reach fresh highs not seen since February earlier this year on Monday.