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 22nd May 2019
2 min readThe pound fell below $1.27 yesterday for the first time since mid-January.
IFX Market Report: Tuesday 21st May 2019
2 min readThe pound fell further on Monday as investors fully expect Prime Minister Theresa May to be unsuccessful in gaining parliamentary approval
IFX Market Report: Monday 20th May 2019
2 min readThe pound fell to a four-month low on Friday after cross-party talks finally collapsed and now concerns are growing as to the possible implications of Theresa May’s resignation
USD index rises to its highest level in nearly 2 weeks
1 min readUS – China trade tensions worsen after US President Trump blacklists Chinese telecoms company Huawei leading to rise in USD index
Pound falls against the Dollar
2 min readThe pound has sunk to a four-month low against the dollar following the collapse of Brexit talks between the Conservatives and Labour.