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 […]
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IFX Market Report: Tuesday 12th October 2021
The UK labour report was published this morning, showing an improved unemployment rate of 4.5%.

IFX Market Report: Monday 11th October 2021
The US Dollar was significantly weaker on Friday as the pace of US jobs growth stalled for a second month in row.

IFX Market Report: Friday 8th October 2021
The Euro suffered on Thursday following the release of the ECB’s latest minutes of its September meeting.

IFX Market Report: Thursday 7th October 2021
The US Dollar gained some traction yesterday as the global energy crisis dampened the markets positive sentiment.

IFX Market Report: Wednesday 6th October 2021
Tuesday proved to be another positive day for Sterling.

IFX Market Report: Tuesday 5th October 2021
Sterling made an inspiring recovery to start the week, notching impressive gains against both the Euro and Dollar.

IFX Market Report: Monday 4th October 2021
Sterling was able to claw back some of its losses on Friday as improved market conditions allowed the currency to strengthen.

IFX Market Report: Friday 1st October 2021
The Greenback exhibited its strength once again yesterday as global market sentiment deteriorated.

IFX Market Report: Thursday 30th September 2021
GBPEUR feel dramatically yesterday, giving up the gains the pair made on Monday.