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: Friday 12th February 2021
2 min readAfter a triumphant week, Sterling is a touch softer going into Friday.
IFX Market Report: Thursday 11th February 2021
2 min readThe Pound continues to impress as 2021’s top performing G10 currency was able to reach 33-month highs against the Dollar.
IFX Market Report: Wednesday 10th February 2021
2 min readCable has surpassed the 1.38 mark this morning due to a weaker Dollar as progress is made on US fiscal stimulus negotiations.
IFX Market Report: Tuesday 9th February 2021
2 min readSterling has made an impressive start to Tuesday’s session after a strong finish on Monday.
IFX Market Report: Monday 8th February 2021
2 min readThe Pound is trading strong this morning against the Euro and U.S. Dollar as markets open for another trading week.
IFX Market Report: Friday 5th February 2021
2 min readThe Bank of England gave a mixed outlook in their latest policy decision yesterday – noting that they forecast a rapid recovery for the UK economy; but also downgraded its growth outlook for the year as a whole.
IFX Market Report: Thursday 4th February 2021
2 min readSterling is a touch softer this morning as markets eagerly anticipates the latest Bank of England interest rate decision.
IFX Market Report: Wednesday 3rd February 2021
2 min readEconomist are becoming increasingly confident in the Pound as the UK’s success in distributing COVID-19 vaccinations boosts the chances of an economic rebound.
IFX Market Report: Tuesday 2nd February 2021
2 min readAs the Pound holds firm against its peers, many economists predict more gains for Sterling.