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: Wednesday 16th September 2020
3 min readTuesday proved to be a relatively calm session for the G10 foreign exchange market, with little price action in the day, currencies traded relatively flat over the course of the session.
IFX Market Report: Tuesday 15th September 2020
2 min readAs Boris Johnson’s Internal Market Bill was voted through parliament yesterday, the pound held firm, closing slightly higher against many of its G10 peers.
IFX Market Report: Monday 14th September 2020
2 min readThe pound has found some stability to start off Monday, following an abysmal run of form last week.
IFX Market Report: Friday 11th September 2020
2 min readIt was a disappointing morning for the UK in regard to data as at 07:00AM this morning we had GDP 3-Month Average for July miss expectations, coming in at -7.6%, forecasted at -7.5%.
IFX Market Report: Thursday 10th September 2020
2 min readAfter an interesting session for price action yesterday, the markets focus stays on the UK and Europe, as we have an emergency Brexit meeting here in London, and the latest rate decision from the ECB.
IFX Market Report: Wednesday 9th September 2020
2 min readIncreasing risk of a no-deal Brexit continued to weigh heavy on the pound yesterday.
IFX Market Report: Tuesday 8th September 2020
2 min readMonday proved to be another tough day for the pound, as fears of a no-deal Brexit escalated.
IFX Market Report: Monday 7th September 2020
2 min readAs we begin a new week, sterling starts off on the backfoot with no-deal Brexit fears gains momentum.
IFX Market Report: Friday 4th September 2020
2 min readAs we approach into the weekend all eyes are on US data, with the highly anticipated Non-Farm Payrolls (NFP) being released this afternoon.