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: Friday 18th December 2020
A lack of progress on Brexit trade talks has put a halt to Sterling’s recent rally.
IFX Market Report: Thursday 17th December 2020
While the markets wait for substantial news on Brexit, the Pound has made significant overnight gains and is advancing towards the 1.36 handle versus the Dollar.
IFX Market Report: Wednesday 16th December 2020
Sterling is on the rise following rumours that a post-Brexit trade deal may soon be agreed by the UK and EU.
IFX Market Report: Tuesday 15th December 2020
The Pound is a touch softer this morning as the excitement of Sunday’s extension has worn off, and the difficult reality of actually securing a Brexit trade deal, still persists.
IFX Market Report: Monday 14th December 2020
After a disappointing performance last week, Sterling is up this morning following the news that Brexit trade negotiations will continue.
IFX Market Report: Friday 11th December 2020
As another week comes to a close, uncertainty on Brexit continues to exert downside pressure on Sterling.
IFX Market Report: Thursday 10th December 2020
Sterling is holding steady as Boris Johnson prepares to fly to Brussels today to meet with Ursula von der Leyen in the hope that the two sides can come to an agreement on the issues that still persist in negotiation talks.
IFX Market Report: Wednesday 9th December 2020
Sterling is holding steady as Boris Johnson prepares to fly to Brussels today to meet with Ursula von der Leyen in the hope that the two sides can come to an agreement on the issues that still persist in negotiation talks.
IFX Market Report: Monday 7th December 2020
As Brexit negotiations continued to induce controversy over the weekend, Sterling is down considerably against both the U.S. Dollar and the Euro.
