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 […]
Read moreIFX 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.
IFX Market Report: Tuesday 20th April 2021
2 min readSterling had a stellar start to the week, enabling Cable to go above and beyond the 1.39 handle.
