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: Monday 7th December 2020
2 min readAs Brexit negotiations continued to induce controversy over the weekend, Sterling is down considerably against both the U.S. Dollar and the Euro.
IFX Market Report: Friday 4th December 2020
2 min readThe Pound continues to be dictated by Brexit headlines, with GBPUSD rising to fresh 3-month highs on the news that within the last 24 hours the UK and EU negotiation teams are closing in on post-Brexit trade deal.
IFX Market Report: Thursday 3rd December 2020
2 min readGiven that it was President Macron’s protests at the EU Summit in October that pushed back Boris Johnson’s October 15th deadline, it comes to no surprise that France have declared an ultimatum to the UK at this crucial point of negotiations.
IFX Market Report: Wednesday 2nd December 2020
2 min readBrexit headlines weighed heavy on the pound yesterday, causing Sterling to lose ground against both the U.S. Dollar and Euro.
IFX Market Report: Monday 30th November 2020
3 min readLast week proved to be a distressing one for Sterling – due to a lack of progress on a post-Brexit trade deal, the Pound was the second worst performing major currency.
IFX Market Report: Friday 27th November 2020
2 min readAs another week comes to a close, Brexit worries continue to keep the market anxious.
IFX Market Report: Wednesday 25th November 2020
2 min readMid-way through the week, markets remain optimistic about the UK and EU agreeing on a last-minute Brexit deal.
IFX Market Report: Tuesday 24th November 2020
2 min readThe pound is remaining resilient and trading steady as unofficial Brexit rumours continue to plague the headlines.
IFX Market Report: Monday 23rd November 2020
3 min readAs we begin a new week, Sterling is trading strong against its peers – surpassing the 1.33 mark against the U.S. Dollar, and beyond the 1.12 handle against the Euro.