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: Monday 10th February 2020
2 min readThe pound made gains on Friday but ended the week with the biggest weekly fall since the December election as once gain the fears of a no-deal Brexit weighed on the pound.
IFX Market Report: Thursday 6th February 2020
2 min readThe pound fell 0.5% against the dollar on Wednesday as US jobs data came in stronger than expected.
IFX Market Report: Tuesday 4th February 2020
2 min readThe pound fell sharply against the dollar yesterday as Prime Minister Boris Johnson once again sparked fears of a no-deal Brexit.
IFX Market Report: Monday 3rd February 2020
2 min readThe pound continued its rally on Friday after the Bank of England kept interest rates still after receiving news of improved growth.
IFX Market Report: Friday 31st January 2020
3 min readAfter over 3 and a half years since the 2016 EU referendum, the United Kingdom is set to leave the European Union at 11.00pm this evening.
IFX Market Report: Friday 24th January 2020
2 min readThe pound made further gains on Thursday, going beyond the one-month high it reached against the euro on Wednesday.
IFX Market Report: Wednesday 22nd January 2020
2 min readThe pound made gains on Tuesday as data showed that the UK economy created jobs at the fastest rate in the last year in the three months leading up to November.
IFX Market Report: Tuesday 21st January 2020
2 min readThe pound gave up its gains of Friday after worse-than-expected retail sales data added to the probability of an interest rate cut.
IFX Market Report: Monday 20th January 2020
2 min readThe pound gave up its gains of Friday after worse-than-expected retail sales data added to the probability of an interest rate cut.