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 […]
Read moreIFX Market Report: Monday 12th July 2021
The US Dollar dipped on Friday, enabling both the Euro and Sterling to gain some upside.
IFX Market Report: Friday 9th July 2021
Global fears concerning the rapid spread of the COVID-19 Delta variant continue to weigh heavy on the markets, forcing investors to turn to safe havens, creating a ‘risk-off’ trading environment.
IFX Market Report: Thursday 8th July 2021
Markets traded relatively flat yesterday as investors awaited the FOMC’s latest Minutes.
IFX Market Report: Wednesday 7th July 2021
Demand for the US Dollar increased dramatically yesterday as poor economic data created a ‘risk-off’ mood in the markets.
IFX Market Report: Tuesday 6th July 2021
Despite hitting multi-month lows last week, Sterling has been one of the best performing G10’s at the start of this week.
IFX Market Report: Monday 5th July 2021
On Friday markets saw the US Dollar decline after a strong week of advances.
IFX Market Report: Friday 2nd July 2021
As another week draws to a close, Cable has tumbled to fresh monthly lows as it edges closer to the 1.3700 barrier.
IFX Market Report: Thursday 1st July 2021
The US Dollars ongoing strength has enabled it to put heavy pressures on both the Euro and Sterling.
IFX Market Report: Wednesday 30th June 2021
Sterling was on the back foot yesterday, marking losses against both the Euro and the Greenback.