Market Reports
IFX Market Report: Friday 2nd August 2024
Thursday saw the bank of England drop interest rates for the first time since March 2020. Yesterdays 0.25% cut saw the BOE base rate fall from 5.25% to 5%. Rates in 2020 were 0.1% and remained there until rate hikes started in December 2021, with gradual hikes which finally saw the base rate halt in […]
Read moreIFX Market Report: Monday 22nd March 2021
The Greenback kept up its impressive surge in the Friday session, notching gains against both Euro and Sterling as U.S. Treasury yields maintained their recent highs.
IFX Market Report: Friday 19th March 2021
Thursday’s Bank of England meeting went as expected yesterday as the UK central bank kept rates at 0.1% and made no changes to its bond buying programme at £895B.
IFX Market Report: Thursday 18th March 2021
The U.S. central bank was able to once again inject strength into the Dollar as the dovish Fed kept rates on hold and maintained their currency pace of asset purchases.
IFX Market Report: Wednesday 17th March 2021
Sterling was able to end its run of losses on Tuesday as it made subtle gains against both the Euro and the U.S. Dollar.
IFX Market Report: Tuesday 16th March 2021
The U.S. Dollar kept up its strong run of form on Monday as the Greenback made solid advances against the Pound and Euro in the London session.
IFX Market Report: Monday 15th March 2021
The British Pound fell on Friday as the Office for National Statistics reported that UK goods exports fell 40.7% in January following the Brexit transition.
IFX Market Report: Friday 12th March 2021
The Euro was able to make modest gains yesterday as the European Central Bank left interest rates unchanged but promised to accelerate the pace of its bond buying programme.
IFX Market Report: Thursday 11th March 2021
Sterling was able to make modest gains in the Wednesday session and close above the 1.39 handle against the Dollar for the first time this week.
IFX Market Report: Wednesday 10th March 2021
The U.S. 10-year treasury yield settled around 1.54% on Tuesday after hitting a high of 1.62%.
