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 12th October 2020
2 min readThe Pound has started strong this morning, extending its gains against both the Euro and the Dollar ahead of the highly anticipated EU summit on Thursday and Friday.
IFX Market Report: Friday 9th October 2020
2 min readAs the markets absorb the latest Brexit headlines, we have finally seen some EURUSD price action as the pair surges towards 1.18.
IFX Market Report: Thursday 8th October 2020
3 min readWednesday proved to be yet another turbulent session in a rollercoaster week for the Pound as latest Brexit headlines continue to dictate Sterling’s performance.
IFX Market Report: Wednesday 7th October 2020
3 min readAnother volatile day for Sterling as we saw the Pound lose the recent gains it had made due to news that the EU will harden its stance on fisheries.
IFX Market Report: Tuesday 6th October 2020
3 min readAnother upbeat morning for the Pound as markets become increasingly confident in a UK-EU post-Brexit trade deal being secured – with many notable banks and financial institutions painting a positive short-term outlook for Sterling.
IFX Market Report: Monday 5th October 2020
3 min readAs we embark on a new week, sterling has started trading strong, riding high off the rumours that a Brexit deal between the EU and UK may soon be reached.
IFX Market Report: Friday 2nd October 2020
2 min readAs another week comes to a close, sterling has rallied this morning on the hopes that London and Brussels are coming closer to securing a Brexit trade deal between the EU and UK.
IFX Market Report: Thursday 1st October 2020
3 min readAs we embark on a new month, the pound has taken another Brexit-related blow and has lost significant standing against its peers.
IFX Market Report: Wednesday 30th September 2020
2 min readAfter a fascinating first debate between US President Donald Trump and his challenger Joe Biden, we have seen the safe-haven greenback strengthen, gaining ground on both sterling and euro.