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: Thursday 19th August 2021
Investors traded cautiously on Wednesday ahead of the release of the FOMC latest minutes.
IFX Market Report: Wednesday 18th August 2021
As market sentiment continued to sour, the Dollar was able to notch its second straight day of gains on Tuesday.
IFX Market Report: Tuesday 17th August 2021
Market sentiment soured significantly on Monday and demand for the safe-haven US Dollar increased.
IFX Market Report: Monday 16th August 2021
After taking a hit on Friday, the US Dollar has been unable to recover from its disappointment going into the new trading week.
IFX Market Report: Friday 13th August 2021
The US Dollar reclaimed its dominance yesterday, making advances on both Sterling and the Euro.
IFX Market Report: Thursday 12th August 2021
Sterling traded well yesterday and has managed to sustain its gains as better-than-expected GDP figures were released this morning.
IFX Market Report: Wednesday 11th August 2021
GBPEUR was able to trade at its highest levels since February 2020 yesterday as Sterling made an impressive advance against the single currency.
IFX Market Report: Tuesday 10th August 2021
GBPEUR is trading above 1.18 this morning, arguably based on the notion that “interest rates in the UK will rise well ahead of those in the Eurozone”.
IFX Market Report: Monday 9th August 2021
The US Dollar is trading strong this morning after a better-than-expected labour report on Friday.
