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: Wednesday 10th March 2021
2 min readThe U.S. 10-year treasury yield settled around 1.54% on Tuesday after hitting a high of 1.62%.
IFX Market Report: Tuesday 9th March 2021
2 min readThe U.S. Dollar kept up its impressive run of form as EURUSD reached fresh 2021 lows yesterday, dipping below levels not seen since November 2020.
IFX Market Report: Monday 8th March 2021
2 min readAfter Jerome Powell’s comments on Thursday gave the Dollar significant momentum, Cable and EURUSD have continued to struggle.
IFX Market Report: Friday 5th March 2021
2 min readSterling was able to make modest gains on Thursdays session as the currency maintained momentum following Rishi Sunak’s Budget on Wednesday.
IFX Market Report: Thursday 4th March 2021
2 min readAs Sunak unveiled his Budget in the House of Commons yesterday, the UK’s vaccine advantage and broadly stable global equity markets kept the Pound competitive.
IFX Market Report: Wednesday 3rd March 2021
2 min readThe Dollar’s recent surge came to a halt yesterday as market sentiment became more ‘risk-on’ as equities made a strong rebound.
IFX Market Report: Tuesday 2nd March 2021
2 min readThe Pound remained relatively steady against the Euro in yesterdays session but depreciated against a stronger U.S. Dollar.
IFX Market Report: Monday 1st March 2021
2 min readDespite struggling in the latter half of last week and losing a lot of the upside it had gained against its peers, Sterling has started this week well.
IFX Market Report: Friday 26th February 2021
2 min readAfter a week of substantial gains Sterling yesterday suffered its sharpest decline of the year – dropping by over 1% against the Euro, and over 0.8% against the Dollar.