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 23rd September 2019
2 min readThe pound retreated from its two-month highs on Friday after the Irish Foreign Minister said that London and the European Union were not close to a Brexit deal.
IFX Market Report: Friday 20th September 2019
2 min readThe pound hit a two-month high on Thursday after comments from European Commission President Jean-Claude Juncker that a deal between the UK and Brussels is still possible.
IFX Market Report: Thursday 19th September 2019
2 min readThe pound fell yesterday morning as poor inflation data saw the prices of goods and services rise less than expected in August.
IFX Market Report: Wednesday 18th September 2019
2 min readThe pound made gains on Tuesday and was heading for six-week highs against the dollar.
IFX Market Report: Tuesday 17th September 2019
2 min readThe pound fell on Monday, losing some of last week’s gains following comments from Luxembourg Prime Minister Xavier Bettel that highlighted the difference between the UK’s and EU’s approach to Brexit.
IFX Market Report: Monday 16th September 2019
2 min readThe pound extended its rally last Friday as investors reacted to reports that Ireland’s biggest political party had potentially agreed to accept certain EU rules.
IFX Market Report: Friday 13th September 2019
2 min readThe pound made gains against the dollar on Thursday but lost ground against the euro as the single currency enjoyed a rebound after the European Central Banks stimulus package announcement.
IFX Market Report: Thursday 12th September 2019
2 min readThe pound remained steady on Wednesday as investors considered whether Boris Johnson could strike a deal with the EU before October 31st.
IFX Market Report: Wednesday 11th September 2019
2 min readThe pound was largely unchanged on Tuesday as investors avoided any heavy betting until there was further clarity on whether the UK could still be leaving the EU on the 31st of October without a withdrawal agreement in place.