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: Wednesday 24th February 2021
Sterling’s surge has continued as the UK currency reaches fresh highs against both the Euro and the Dollar.
IFX Market Report: Tuesday 23rd February 2021
Monday proved to be another positive start to the week for Sterling as it reached fresh 3-year highs against the U.S. Dollar.
IFX Market Report: Monday 22nd February 2021
Following an extremely positive week last week, GBP affirmed its status as the best performing G10 major currency of 2021 after it was able to gain over 1% of ground against the Euro and Dollar in the week.
IFX Market Report: Friday 19th February 2021
The Pound has reached 34-month highs against the Dollar as a crippling Greenback struggles after a disappointing US Jobs report.
IFX Market Report: Thursday 18th February 2021
All eyes were on GBPEUR yesterday as for the first time since April last year, the pair soared past the 1.15 handle.
IFX Market Report: Wednesday 17th February 2021
After reaching a fresh 34-month high on Tuesday, economists are predicting GBPUSD could surpass the 1.40 handle in the coming days.
IFX Market Report: Tuesday 16th February 2021
On Monday’s session Sterling made an exceptional start to the week, reaching 3-year highs against the Dollar, and 9-month highs against the Euro.
IFX Market Report: Monday 15th February 2021
After a strong finish last week, the Pound has recorded a fresh high against both the Dollar and Euro this morning.
IFX Market Report: Friday 12th February 2021
After a triumphant week, Sterling is a touch softer going into Friday.
