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 5th August 2020
3 min readAfter a very brief rebound from its dreadful form last week, the dollar has once again started to depreciate.
IFX Market Report: Tuesday 4th August 2020
3 min readAfter an abysmal performance last week the US dollar finally showed some signs of recovery.
IFX Market Report: Monday 3rd August 2020
2 min readFriday proved to be somewhat of a quiet day, the headline being the Eurozone’s record GDP quarterly contraction.
IFX Market Report: Friday 31st July 2020
2 min readAs it has been the case all week, US Dollar weakness is stimulating price movement.
IFX Market Report: Thursday 30th July 2020
3 min readAfter a dovish message from the US Federal Reserve yesterday, the US dollar once again came under selling pressure and (once again) fell to fresh 2-year lows on the dollar index.
IFX Market Report: Wednesday 29th July 2020
3 min readCable continued to press on yesterday, pushing just past 1.2950 during the session – its highest levels since 11th March.
IFX Market Report: Tuesday 28th July 2020
2 min readThe decline of the US dollar pressed on yesterday, with the dollar index hitting fresh 2-year lows, falling 1% on the day; making it the 7th consecutive day of losses, it’s 2nd worst run in the last decade.
IFX Market Report: Monday 27th July 2020
2 min readSterling begins the week strong off the back of one of its most positive weeks since Lockdown began.
IFX Market Report: Friday 24th July 2020
2 min readOn the anniversary of Boris Johnson becoming Prime Minister, sterling has shown some resilience to finish the week holding above the 200-day moving average for a 3rd straight day.