Market Reports
IFX Market Report: Tuesday 9th January 2024
Rishi Sunak, set out on Monday that the country is heading in the right direction as it enters an anticipated election year. He has placed the commitment to tax cuts at the forefront of his efforts to rejuvenate the Conservative Party’s prospects, drawing inspiration from John Major’s unexpected 1992 election victory. Sunak aims to convey […]
Read moreIFX Market Report: Thursday 13th May 2021
UK GDP figures came out better than expected yesterday, helping the Pound maintain its resilience against its G10 peers in the Wednesday session.
IFX Market Report: Wednesday 12th May 2021
Sterling was a touch softer on Tuesday, coming under difficult pressure but showing impressive resilience to maintain most of its previous gains against the Euro and Dollar.
IFX Market Report: Tuesday 11th May 2021
The Pound started the week exceptionally well on Monday, climbing to 1.41 against the USD, and above 1.16 against the Euro.
IFX Market Report: Monday 10th May 2021
A weaker Dollar on Friday and over the weekend has led to the Greenback making substantial losses against the Euro and Sterling.
IFX Market Report: Friday 7th May 2021
Sterling was cautious on Thursday as Brit’s headed to the polls for Local elections.
IFX Market Report: Thursday 6th May 2021
Sterling was able to make decent upside gains yesterday morning after the publication of a poll indicating the SNP is likely to miss out on the overall majority as Scot’s head to the polls today.
IFX Market Report: Wednesday 5th May 2021
While FX markets traded relative flat across the board, a strong US Dollar helped cap any losses against the Pound or Euro.
IFX Market Report: Tuesday 4th May 2021
EURUSD plunged on Friday due to a broad demand for the US Dollar as falling equities and weaker US government bond yields helped support the safe-haven currency.
IFX Market Report: Friday 30th April 2021
While Sterling made some minor losses in Thursday’s session, economists at the United Overseas Bank (UOB) believe Cable could still advance in the coming weeks.
