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 18th December 2019
The pound fell yesterday, giving up almost all its general election gains as the fears of a no deal Brexit re-entered the markets.
IFX Market Report: Tuesday 17th December 2019
The pound jumped on Monday, still riding the wave of the general election victory for Boris Johnson’s Conservative Party and the optimism that they will end the Brexit uncertainty.
IFX Market Report: Monday 16th December 2019
The pound enjoyed a 2% surge against the dollar on Friday following a huge win for Boris Johnson’s Conservative Party.
IFX Market Report: Friday 13th December 2019
The pound hit a 19-month high against the dollar as The Conservative Party sailed to victory with a 38-seat majority with almost all seats declared.
IFX Market Report: Thursday 12th December 2019
The pound made slight gains on Wednesday despite polls indicating that the Conservative lead had narrowed the day before the election.
IFX Market Report: Wednesday 11th December 2019
The pound made slight gains on Tuesday against the dollar as markets continued to ignore economic data in favour of optimistic poll predictions for Thursday’s election.
IFX Market Report: Tuesday 10th December 2019
The pound remained high on Monday as markets have maintained their expectation that the Conservative Party will win the election on Thursday.
IFX Market Report: Monday 9th December 2019
The pound fell on Friday after three consecutive days of gains on the back of election optimism that the Conservative party will win a majority on December 12th.
IFX Market Report: Friday 6th December 2019
The pound hit a two-and-a-half year high against the euro on Thursday as confidence continued to grow that Boris Johnson’s Conservative Party will gain the majority required to deliver Brexit.
