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 17th June 2020
2 min readThe pound had a bumpy ride yesterday, gaining 0.3% versus the US dollar in early afternoon trading, before losing its advantage and ending the day 0.4% down on its opening position.
IFX Market Report: Tuesday 16th June 2020
2 min readSterling had a relatively quiet day yesterday, only making slight gains versus a weaker US dollar.
IFX Market Report: Monday 15th June 2020
2 min readThe pound suffered last week as Brexit concerns and risk sentiment affected performance.
IFX Market Report: Friday 12th June 2020
2 min readSterling lost some of its recent gains in a disappointing day for the currency on Thursday.
IFX Market Report: Thursday 11th June 2020
2 min readYesterday saw little sterling movement, with the currency maintaining its recent gains versus the US dollar and holding firm against the euro.
IFX Market Report: Wednesday 10th June 2020
3 min readSterling had a mixed day, making gains against the US dollar to close at the daily high, whilst enduring a sharp drop versus the euro in the afternoon.
IFX Market Report: Wednesday 27th May 2020
2 min readThe majors have been trading in a tight range for some time now and there has been little sterling movement of note over the past week.
IFX Market Report: Wednesday 20th May 2020
2 min readThere is little to write about the pound, with the currency continuing to hover at 7-week lows.
IFX Market Report: Monday 18th May 2020
2 min readSterling lost further ground on Friday, hitting its lowest position in over a month, as the UK and European Union exchanged barbs over a post-Brexit trade deal.