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: Wednesday 24th February 2021
2 min readSterling’s surge has continued as the UK currency reaches fresh highs against both the Euro and the Dollar.
IFX Market Report: Tuesday 23rd February 2021
2 min readMonday proved to be another positive start to the week for Sterling as it reached fresh 3-year highs against the U.S. Dollar.
IFX Market Report: Monday 22nd February 2021
2 min readFollowing an extremely positive week last week, GBP affirmed its status as the best performing G10 major currency of 2021 after it was able to gain over 1% of ground against the Euro and Dollar in the week.
IFX Market Report: Friday 19th February 2021
2 min readThe Pound has reached 34-month highs against the Dollar as a crippling Greenback struggles after a disappointing US Jobs report.
IFX Market Report: Thursday 18th February 2021
2 min readAll eyes were on GBPEUR yesterday as for the first time since April last year, the pair soared past the 1.15 handle.
IFX Market Report: Wednesday 17th February 2021
2 min readAfter reaching a fresh 34-month high on Tuesday, economists are predicting GBPUSD could surpass the 1.40 handle in the coming days.
IFX Market Report: Tuesday 16th February 2021
2 min readOn Monday’s session Sterling made an exceptional start to the week, reaching 3-year highs against the Dollar, and 9-month highs against the Euro.
IFX Market Report: Monday 15th February 2021
2 min readAfter a strong finish last week, the Pound has recorded a fresh high against both the Dollar and Euro this morning.
IFX Market Report: Friday 12th February 2021
2 min readAfter a triumphant week, Sterling is a touch softer going into Friday.
