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 9th October 2020
As the markets absorb the latest Brexit headlines, we have finally seen some EURUSD price action as the pair surges towards 1.18.
IFX Market Report: Thursday 8th October 2020
Wednesday proved to be yet another turbulent session in a rollercoaster week for the Pound as latest Brexit headlines continue to dictate Sterling’s performance.
IFX Market Report: Wednesday 7th October 2020
Another volatile day for Sterling as we saw the Pound lose the recent gains it had made due to news that the EU will harden its stance on fisheries.
IFX Market Report: Tuesday 6th October 2020
Another upbeat morning for the Pound as markets become increasingly confident in a UK-EU post-Brexit trade deal being secured – with many notable banks and financial institutions painting a positive short-term outlook for Sterling.
IFX Market Report: Monday 5th October 2020
As we embark on a new week, sterling has started trading strong, riding high off the rumours that a Brexit deal between the EU and UK may soon be reached.
IFX Market Report: Friday 2nd October 2020
As another week comes to a close, sterling has rallied this morning on the hopes that London and Brussels are coming closer to securing a Brexit trade deal between the EU and UK.
IFX Market Report: Thursday 1st October 2020
As we embark on a new month, the pound has taken another Brexit-related blow and has lost significant standing against its peers.
IFX Market Report: Wednesday 30th September 2020
After a fascinating first debate between US President Donald Trump and his challenger Joe Biden, we have seen the safe-haven greenback strengthen, gaining ground on both sterling and euro.
IFX Market Report: Tuesday 29th September 2020
As trade negotiations between the UK and the EU officially get under way today, the pound has found nominal resilience going into Tuesday’s open.
