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 20th November 2020
3 min readAs another week soon comes to a close, Sterling is showing resilience despite the lack of a post-Brexit deal being agreed.
IFX Market Report: Thursday 19th November 2020
2 min readThe Pound is trading anxiously as Brexit worries are dictating the currency’s performance against its peers.
IFX Market Report: Wednesday 18th November 2020
3 min readDespite no substantial evidence that trade negotiations between the UK and EU will soon come to a conclusion, the Pound’s performance yesterday would suggest that sentiment is growing more positive.
IFX Market Report: Tuesday 17th November 2020
2 min readAs markets eagerly await news on Brexit, Monday proved to be largely uneventful despite another COVID-19 vaccine being announced by US biotechnology giant Moderna.
IFX Market Report: Monday 16th November 2020
3 min readAs markets embark on a new week, the volatile Pound is up today against the U.S. Dollar, yet down against the Euro.
IFX Market Report: Friday 13th November 2020
3 min readAs a deadlock on trade between the UK and EU looks increasingly likely, the Pound has taken a sharp downward turn as it reverses the gains it had made against its peers early in the week.
IFX Market Report: Thursday 12th November 2020
2 min readSterling has started Thursday under considerable pressure as GDP fell short of expectations this morning, coming out at 15.5%, while being forecasted at 15.8%.
IFX Market Report: Wednesday 11th November 2020
2 min readThe British Pound has reached 9-week highs against both the Euro and U.S. Dollar as markets push back the expectations of the Bank of England cutting interest rates to negative territory.
IFX Market Report: Tuesday 10th November 2020
3 min readAfter the announcement of a possible Pfizer COVID-19 vaccine yesterday, global risk sentiment soared, seeing gains for risk-sensitive currencies such as Sterling and the Australian Dollar.