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: 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.
IFX Market Report: Friday 6th August 2021
As expected yesterday, The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to keep rates on hold and maintain its stimulus programme.
