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 9th April 2020
2 min readThe pound firmed towards a one-week high yesterday and has maintained those gains in early trading.
IFX Market Report: Wednesday 8th April 2020
2 min readSterling had a relatively quiet time of it yesterday with little deviation in value, as Prime Minister Boris Johnson remains in intensive care though, reportedly, in a stable condition.
IFX Market Report: Tuesday 7th April 2020
2 min readThe pound steadied yesterday following Prime Minister Boris Johnson’s hospital admission, before dipping sharply in late Asian trading once news broke that Mr. Johnson was to be moved to intensive care.
IFX Market Report: Monday 6th April 2020
2 min readSterling briefly fell against the US dollar in late Sunday trading on news that UK Prime Minister Boris Johnson was admitted to hospital for testing.
IFX Market Report: Friday 3rd April 2020
3 min readThe pound hit a three-week high against the euro on Thursday and held recent gains versus the dollar, as the British currency was swept up in global market swings that weakened the euro broadly.
IFX Market Report: Thursday 2nd April 2020
2 min readThe pound steadied against a stronger dollar on Wednesday amid a broader selloff in global stock markets as data showed factory activity across the world contracting sharply due to the coronavirus pandemic.
IFX Market Report: Monday 30th March 2020
3 min readSterling managed some gains on Friday as investors grew more confident that the United States government and central bank economic stimulus could alleviate some of the impacts of the coronavirus crisis.
IFX Market Report: Friday 27th March 2020
3 min readThe pound made its biggest daily gain in three years on Thursday, jumping more than 2% as poor U.S. unemployment data weakened the dollar.
IFX Market Report: Tuesday 24th March 2020
2 min readThe pound fell sharply again on Monday as investors rid themselves of riskier currencies amid the coronavirus pandemic.