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: Friday 3rd July 2020
2 min readIn a day of little action on Thursday, sterling retreated slightly from a risk-driven US dollar and otherwise remained flat.
IFX Market Report: Thursday 2nd July 2020
2 min readThe pound gained a cent on the US dollar yesterday and made up marginal ground on the euro, as encouraging data Stateside stilted safe-haven demand and a usually innocuous UK Manufacturing survey offered some encouragement.
IFX Market Report: Wednesday 1st July 2020
2 min readThe pound yesterday shrugged off data revealing the economy shrank by 2.2% between January and March, its worst performance since 1979.
IFX Market Report: Monday 29th June 2020
2 min readSterling took a hit on Friday, losing 0.8% versus the US dollar and 0.5% against the euro – its lowest level since March 26th.
IFX Market Report: Thursday 25th June 2020
2 min readYesterday was mostly about risk appetite and sterling was the loser, particularly against the US dollar.
IFX Market Report: Wednesday 24th June 2020
2 min readSterling was largely flat yesterday, only making small gains versus a softer US dollar.
IFX Market Report: Tuesday 23rd June 2020
2 min readSterling was largely flat yesterday, only making small gains versus a softer US dollar.
IFX Market Report: Monday 22nd June 2020
2 min readThe pound had a bad end to last week, with the Bank of England on Thursday and a public debt figure on Friday pushing sterling to its worst level since mid-May.
IFX Market Report: Thursday 18th June 2020
2 min readA quiet day yesterday saw the majors trading in a tight range, with sterling giving up very slight ground versus the US dollar.