Market Reports
sssadadasd
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: Tuesday 27th October 2020
2 min readAs Sterling remains steady, upside gains are capped by the continued uncertainty of an agreed post-Brexit trade deal.
IFX Market Report: Monday 26th October 2020
3 min readThe Pound starts the new week steady, trading above 1.30 against the U.S. Dollar and above 1.10 against the Euro.
IFX Market Report: Friday 23rd October 2020
2 min readOn Wednesday, when the news was released that the UK and EU were to restart stalled Brexit trade negotiations, the Pound spiked, managing to reach the 1.31 range against the US Dollar and testing the 1.11 handle against the Euro.
IFX Market Report: Wednesday 21st October 2020
2 min readDespite rising COVID-19 cases in mainland Europe, and increasing fears of a double-dip recession, Tuesday saw the Euro make considerable moves to the upside, gaining significant ground against both the Dollar and the Pound.
IFX Market Report: Tuesday 20th October 2020
3 min readThe hopes of post-Brexit trade deal intensified yesterday as we saw the UK and EU commit to further trade negotiations – despite Prime Minister Boris Johnson’s threat to walk away from talks.
IFX Market Report: Monday 19th October 2020
2 min readAfter a disappointing end to last week with a lack of conclusive trade negotiations, Sterling is holding firm against the Dollar and Euro this morning as we embark on another trading week.
IFX Market Report: Friday 16th October 2020
2 min readAfter a dramatic fall yesterday, Sterling has regained some of Thursday’s losses, and is holding steady as we go into Friday’s open despite Brexit uncertainty heightening.
IFX Market Report: Wednesday 14th October 2020
2 min readAs the highly anticipated EU Summit quickly approaches, headlines on the on-going Brexit negotiations continue to dictate the Pounds performance.
IFX Market Report: Tuesday 13th October 2020
2 min readAs Sterling holds firm against its G10 peers this morning, EURUSD has seen some considerable downside as it drops down into the 1.17’s.