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 23rd March 2021
2 min readCable showed signs of recovery as retreating U.S. Treasury yields caused the Dollar to weaken.
IFX Market Report: Monday 22nd March 2021
2 min readThe Greenback kept up its impressive surge in the Friday session, notching gains against both Euro and Sterling as U.S. Treasury yields maintained their recent highs.
IFX Market Report: Friday 19th March 2021
2 min readThursday’s Bank of England meeting went as expected yesterday as the UK central bank kept rates at 0.1% and made no changes to its bond buying programme at £895B.
IFX Market Report: Thursday 18th March 2021
2 min readThe U.S. central bank was able to once again inject strength into the Dollar as the dovish Fed kept rates on hold and maintained their currency pace of asset purchases.
IFX Market Report: Wednesday 17th March 2021
2 min readSterling was able to end its run of losses on Tuesday as it made subtle gains against both the Euro and the U.S. Dollar.
IFX Market Report: Tuesday 16th March 2021
2 min readThe U.S. Dollar kept up its strong run of form on Monday as the Greenback made solid advances against the Pound and Euro in the London session.
IFX Market Report: Monday 15th March 2021
2 min readThe British Pound fell on Friday as the Office for National Statistics reported that UK goods exports fell 40.7% in January following the Brexit transition.
IFX Market Report: Friday 12th March 2021
2 min readThe Euro was able to make modest gains yesterday as the European Central Bank left interest rates unchanged but promised to accelerate the pace of its bond buying programme.
IFX Market Report: Thursday 11th March 2021
2 min readSterling was able to make modest gains in the Wednesday session and close above the 1.39 handle against the Dollar for the first time this week.