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: Thursday 16th July 2020
2 min readThere is little to report from yesterday, with Wednesday proving to be a pretty flat session.
IFX Market Report: Wednesday 15th July 2020
2 min readSterling had a reactionary day on Tuesday, not helped by sentiment that the economy is recovering at a slower pace than anticipated.
IFX Market Report: Tuesday 14th July 2020
2 min readAn uneventful Monday for the pound saw the currency flatline against a basket of major rivals, with the exception of losing 0.5% to a stronger euro and dipping back below the 1.11 level.
IFX Market Report: Monday 13th July 2020
2 min readIn a session of little action on Friday sterling was largely untouched, only making some gains versus the US dollar.
IFX Market Report: Friday 10th July 2020
2 min readIt was a quiet day across the markets yesterday, with the pound trading in a tight range throughout.
IFX Market Report: Thursday 9th July 2020
2 min readThere was a muted reaction yesterday to the Chancellor’s plans for the economy, with sterling holding on to its three-week highs.
IFX Market Report: Wednesday 8th July 2020
2 min readSterling enjoyed its best run in three weeks yesterday, buoyed by fresh Brexit optimism and ahead of Chancellor Rishi Sunak’s parliamentary mini-budget later today.
IFX Market Report: Tuesday 7th July 2020
2 min readAnother quiet day for the pound on Monday, as markets await further Brexit news.
IFX Market Report: Monday 6th July 2020
2 min readFriday was largely a non-event, with the US public holiday ensuring a tight trading range throughout the day.