Market Reports
IFX Market Report: Tuesday 9th January 2024
Rishi Sunak, set out on Monday that the country is heading in the right direction as it enters an anticipated election year. He has placed the commitment to tax cuts at the forefront of his efforts to rejuvenate the Conservative Party’s prospects, drawing inspiration from John Major’s unexpected 1992 election victory. Sunak aims to convey […]
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IFX Market Report: Tuesday 31st August 2021
Despite yesterday being a bank holiday in England, Sterling was still susceptible to losses as damaging news on COVID-19 forced the currency lower.
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IFX Market Report: Monday 30th August 2021
Fed Chair Jerome Powell’s speech forced the Greenback lower on Friday, causing the US Dollar Index to plunge by more than 0.8% in the week.
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IFX Market Report: Friday 27th August 2021
The markets focus for today will be the Jackson Hole Symposium and Fed Chair Jerome Powell’s speech.
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IFX Market Report: Thursday 26th August 2021
Markets traded flat on Wednesday, mainly due to the fact there were little economic releases of note.
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IFX Market Report: Wednesday 25th August 2021
After a somewhat successful rally, Sterling is once again on the retreat.
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IFX Market Report: Tuesday 24th August 2021
Sterling was on the front foot yesterday, exhibiting “substantial resilience in dismissing bad news”.
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IFX Market Report: Monday 23rd August 2021
Despite a disappointing Retail Sales release early on Friday morning, Sterling traded well given the adverse market conditions.
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IFX Market Report: Friday 20th August 2021
Sterling suffered on Thursday as adverse market conditions forced the currency lower.
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IFX Market Report: Thursday 19th August 2021
Investors traded cautiously on Wednesday ahead of the release of the FOMC latest minutes.