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: Tuesday 18th August 2020
3 min readAs mentioned in this report yesterday, the focus this week will be dollar weakness.
IFX Market Report: Monday 17th August 2020
2 min readOnce again, the focus going into this week is dollar weakness.
IFX Market Report: Friday 14th August 2020
3 min readYesterday saw the dollar claw back some of its losses from this week as an intraday spike in the US Treasury bond yields helped relieve some pressure.
IFX Market Report: Thursday 13th August 2020
2 min readYesterday, this report posed the question as to whether the dollar’s newly found vigour was a ‘bounce back’ or a ‘pause’ from its recent abysmal form – and it looks like it was the latter.
IFX Market Report: Wednesday 12th August 2020
3 min readAt 7:00 this morning, we had the UK GDP release.
IFX Market Report: Tuesday 11th August 2020
2 min readAhead of the closely watched UK employment report this morning, sterling’s performance was strong yesterday, managing to gain ground on both the dollar and the euro.
IFX Market Report: Monday 10th August 2020
3 min readOn Thursday, the unexpectedly positive outlook given by Andrew Bailey and the Bank of England at their latest policy decision helped boost sterling, enabling cable to hit fresh 5-month highs at 1.3186.
IFX Market Report: Friday 7th August 2020
3 min readAfter a relatively positive meeting from the Bank of England yesterday, the pound was able to hit a fresh 5-month high against the dollar.
IFX Market Report: Thursday 6th August 2020
3 min readYesterday proved to be another tough day for the dollar – the index was down by 0.7% on the day, marking its 2nd straight day of losses and testing the lows printed last week.