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: Tuesday 5th January 2021
Sterling has started the morning on the back foot as new national lockdown measures are implemented across the UK.
IFX Market Report: Monday 4th January 2021
The Pound is up against both the U.S. Dollar and Euro as parliament overwhelming backed the post-Brexit trade deal last night.
IFX Market Report: Thursday 31st December 2020
The Pound is up against both the U.S. Dollar and Euro as parliament overwhelming backed the post-Brexit trade deal last night.
IFX Market Report: Wednesday 30th December 2020
After a disappointing day of trading yesterday, GBPUSD has risen sharply this morning as the market continues to aggressively sell off the U.S. Dollar.
IFX Market Report: Tuesday 29th December 2020
As we head into the new year, the Pound has taken a sharp fall this morning despite the government agreeing a Brexit deal on the 24th.
IFX Market Report: Thursday 24th December 2020
After over 4 years of tough negotiation, reports last night suggest the UK and the EU have finally agreed on a post-Brexit trade deal.
IFX Market Report: Wednesday 23rd December 2020
The Pound continues to trade anxiously as markets await a definitive answer on Brexit.
IFX Market Report: Tuesday 22nd December 2020
After a disappointing start to the week, Sterling has made a swift recovery on Tuesday – trading briefly above 1.34 against the U.S. Dollar and 1.10 against the Euro this morning.
IFX Market Report: Monday 21st December 2020
UK and EU negotiators once again failed on Sunday to come to an agreement on post-Brexit relations.
