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 […]
Read moreIFX Market Report: Wednesday 26th May 2021
The Euro was able to capitalize against the Dollar and Pound on Tuesday as the currency strengthened due to the “rapid acceleration in the rollout of vaccines in the Eurozone”.
IFX Market Report: Tuesday 25th May 2021
GBPEUR plummeted back in to the 1.15’s on Monday early morning, and while the pair reclaimed some of its losses on the day, it wasn’t able to finish above the 1.16 mark.
IFX Market Report: Monday 24th May 2021
GBPEUR was able to close above the 1.16 handle on Friday as the Pound capitalized on a weak Euro.
IFX Market Report: Friday 21st May 2021
Cable was able to gain some subtle upside in Thursday’s session as retreating US bond yields undermined a weaker US Dollar.
IFX Market Report: Thursday 20th May 2021
After almost reaching multi-year highs on Tuesday, Cable plummeted on Wednesday and closed below the 1.1450 mark.
IFX Market Report: Wednesday 19th May 2021
Both Sterling and the Euro capitalized significantly as the Dollar experienced yet another day of decline.
IFX Market Report: Tuesday 18th May 2021
The Pound made an impressive start on Monday as the UK ‘re-opening’ progressed, with individuals now allowed inside pubs and restaurants from yesterday, along with indoor socializing and a limited range of foreign travel.
IFX Market Report: Monday 17th May 2021
The Dollar was notably weaker on Friday, enabling both the Euro and Pound to make gains against the Greenback to close the week.
IFX Market Report: Friday 14th May 2021
FX Markets traded rather flat yesterday as G10’s “lacked any firm directional bias on Thursday”.
