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 9th November 2020
3 min readOver the weekend Joe Biden was able to win the race to the White House by being first candidate in the 2020 election to surpass 270 electoral votes.
IFX Market Report: Friday 6th November 2020
2 min readWith the definitive outcome of the U.S. election still not apparent, the Dollar has softened as Biden leads Trump in electoral votes with ballots in several key states still yet to be counted.
IFX Market Report: Thursday 5th November 2020
3 min readWith votes still left to be counted, Joe Biden leads the electoral vote by 264 votes, while Donald Trump has 214 (10:13 GMT).
IFX Market Report: Wednesday 4th November 2020
2 min readAs we await the result of the U.S. election, Donald Trump is already claiming victory and demanding votes stop being counted.
IFX Market Report: Tuesday 3rd November 2020
2 min readOn Monday, as a result of the UK government imposing a new national lockdown, cable tumbled to a 4-week low.
IFX Market Report: Monday 2nd November 2020
2 min readAs the UK braces itself for another national lockdown, the Pound has lost ground against its peers, trading at 1.10 against the Euro and at 1.28 against the U.S. Dollar.
IFX Market Report: Friday 30th October 2020
2 min readAs we enter into Friday’s open GBPEUR has spiked this morning as the market becomes increasingly hopeful that an EU-UK trade deal might be agreed in November.
IFX Market Report: Thursday 29th October 2020
3 min readAfter opening today’s session in the 1.29’s, cable is now back up to 1.30 as the market grows anxious of the upcoming U.S. presidential election in 5 days.
IFX Market Report: Wednesday 28th October 2020
2 min readOn Tuesday we saw the Pound gain ground on both the EUR and U.S. Dollar.