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 5th June 2019
2 min readThe pound recovered on Tuesday but was still held back by concerns of a hard Brexit despite President Trump’s promise of a “phenomenal” post-Brexit trade deal.
IFX Market Report: Tuesday 4th June 2019
3 min readThe US dollar fell after a senior member of the Federal Reserve said a cut in interest rates “may be warranted soon” as global trade tensions posed a risk to economic stability.
IFX Market Report: Monday 3rd June 2019
2 min readWith most Conservative Party candidates vying for a harder line on Brexit, traders continue to worry about the future of the pound.
IFX Market Report: Friday 31st May 2019
2 min readThe pound was once again unmoved near its four-month lows as investors wait for the result of the contest to succeed Prime Minister Theresa May.
IFX Market Report: Thursday 30th May 2019
2 min readThe pound once again remained near its four-month low on Wednesday as investors have begun preparing for large swings in the pound with the contest to succeed Prime Minister Theresa May now underway
IFX Market Report: Wednesday 29th May 2019
2 min readSterling remained near its four-month lows on Tuesday with the outcome of last week’s European election seen as giving fuel to those Conservative party leadership contenders.
IFX Market Report: Tuesday 28th May 2019
3 min readThe pound rose on 0.15% against the dollar over the weekend, having regained some ground on the back of Theresa May’s departure.
IFX Market Report: Friday 24th May 2019
3 min readThis morning Prime Minister Theresa May declared her resignation date as the 7th of June. The pound had fallen further early yesterday but began to pick up.
IFX Market Report: Thursday 23rd May 2019
2 min readSterling fell on Wednesday and was heading for its longest ever losing streak against the euro