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 4th May 2021
2 min readEURUSD plunged on Friday due to a broad demand for the US Dollar as falling equities and weaker US government bond yields helped support the safe-haven currency.
IFX Market Report: Friday 30th April 2021
2 min readWhile Sterling made some minor losses in Thursday’s session, economists at the United Overseas Bank (UOB) believe Cable could still advance in the coming weeks.
IFX Market Report: Thursday 29th April 2021
2 min readCable was able to hit fresh daily highs above 1.3900 as the Dollar weakened ahead of yesterdays Fed Interest Rate Decision.
IFX Market Report: Wednesday 28th April 2021
2 min readCable was able to make subtle gains in Tuesday’s session as US Treasury yields rose in anticipation of the Federal Reserve’s 2-day policy meeting starting at 19:00 GMT.
IFX Market Report: Tuesday 27th April 2021
2 min readSterling attempted to rally on Monday morning after a dismal week of losses last week.
IFX Market Report: Monday 26th April 2021
2 min readGBPEUR took a devastating tumble as it closed below the 1.15 mark on Friday.
IFX Market Report: Friday 23rd April 2021
2 min readThe Pound struggled again on Thursday against the Euro and Dollar – marking losses against both currencies in the London session.
IFX Market Report: Thursday 22nd April 2021
2 min readMarkets were flat on Wednesday with nearly all G10’s tightly rangebound.
IFX Market Report: Wednesday 21st April 2021
2 min readAfter a strong start to the trading week Sterling continued its surge overnight and was able to open above the 1.40 handle on Tuesday.