Market Reports

13 Sep 2024

IFX Market Report: Friday 2nd August 2024

2 min read

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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19 Aug 2021

IFX Market Report: Thursday 19th August 2021

2 min read

Investors traded cautiously on Wednesday ahead of the release of the FOMC latest minutes.

18 Aug 2021

IFX Market Report: Wednesday 18th August 2021

2 min read

As market sentiment continued to sour, the Dollar was able to notch its second straight day of gains on Tuesday.

17 Aug 2021

IFX Market Report: Tuesday 17th August 2021

2 min read

Market sentiment soured significantly on Monday and demand for the safe-haven US Dollar increased.

16 Aug 2021

IFX Market Report: Monday 16th August 2021

2 min read

After taking a hit on Friday, the US Dollar has been unable to recover from its disappointment going into the new trading week.

13 Aug 2021

IFX Market Report: Friday 13th August 2021

2 min read

The US Dollar reclaimed its dominance yesterday, making advances on both Sterling and the Euro.

12 Aug 2021

IFX Market Report: Thursday 12th August 2021

2 min read

Sterling traded well yesterday and has managed to sustain its gains as better-than-expected GDP figures were released this morning.

11 Aug 2021

IFX Market Report: Wednesday 11th August 2021

2 min read

GBPEUR was able to trade at its highest levels since February 2020 yesterday as Sterling made an impressive advance against the single currency.

10 Aug 2021

IFX Market Report: Tuesday 10th August 2021

2 min read

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”.

9 Aug 2021

IFX Market Report: Monday 9th August 2021

2 min read

The US Dollar is trading strong this morning after a better-than-expected labour report on Friday.

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