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 30th October 2019
3 min readThe pound made some gains against a weaker dollar yesterday as investors awaited whether UK parliament would approve a general election for December 12th as per the government’s proposal.
IFX Market Report: Tuesday 29th October 2019
2 min readThe pound made some gains against a weaker dollar yesterday as investors awaited whether UK parliament would approve a general election for December 12th as per the government’s proposal.
IFX Market Report: Monday 28th October 2019
2 min readThe pound fell slightly on Friday after the European Union approved an extension to the Brexit deadline but did not specify a date.
IFX Market Report: Friday 25th October 2019
2 min readThe pound fell against the dollar on Thursday as the Prime Minister called for a general election on December 12th, having withdrawn the Brexit Bill from parliament.
IFX Market Report: Thursday 24th October 2019
2 min readThe pound was stable against the dollar yesterday as markets continue to wait on what decision the EU will make in terms of granting an extension to the UK’s Brexit deadline.
IFX Market Report: Wednesday 23rd October 2019
2 min readThe pound fell on Tuesday as MPs rejected the government’s proposed Brexit timetable.
IFX Market Report: Tuesday 22nd October 2019
2 min readThe pound stayed near the $1.30 mark yesterday, losing only 0.02%, with the Speaker of The House blocking the government’s Brexit withdrawal deal coming to parliament for a second time.
IFX Market Report: Monday 21st October 2019
2 min readThe pound closed at a high on Friday after investors were optimistic that a deal would be passed in Saturday’s parliamentary sitting of MPs.
IFX Market Report: Friday 18th October 2019
2 min readThe pound fell on Thursday after having traded at five-month highs earlier in the day on the back of the UK government reaching a deal with the EU.