Resources
FX Market Briefing: Q2 currency moves, and what to watch in Q3
7 min readOil, a new Fed chair, and a change at No.10. In this webinar, our FX analyst Joe Tuckey talks through what moved the major currency pairs in Q2, and the questions he’s watching into Q3.
Read more
All eyes on US inflation as big dollar test
1 min readMarkets largely shrugged off renewed Middle East tensions this week, so Tuesday’s US CPI is the first real test of whether the dollar’s pullback has legs. A soft print would suggest inflation is peaking and keep the dollar on the back foot.
How IFX optimised cash flow for AFC Bournemouth football club
5 min readWe speak to David Holiday, Finance Director at football club AFC Bournemouth, to hear about his experience of working with IFX to manage cross-border payments and FX exposure when sending large sums abroad.
Weak US jobs data shifts the tone across the majors
1 min readA sharp US jobs miss set the tone last week, with NFP at 57K against the 113K expected, softening the dollar and trimming near-term Fed hike bets. At the ECB’s annual gathering in Sintra, the central bank message was patience.
Sterling firmer as Starmer stands aside
1 min readSterling edged higher this week as Keir Starmer resigned as Prime Minister, with Andy Burnham’s path to Number 10 now confirmed. Markets have taken the transition in their stride.
US/Iran peace deal softens dollar ahead of central bank meetings
1 min readA US/Iran peace deal, due to be signed in Switzerland, has lifted risk appetite and softened the dollar to start the week. The other big levers are the central bank meetings this week.
Dollar leads following jobs data as ECB takes centre stage
1 min readA bumper US jobs report reset the tone last week, driving a sharp dollar rally and lifting the odds of a December Fed hike from around 40% to 70%. Renewed Middle East escalation keeps oil and the dollar supported. Attention now turns to Thursday’s ECB meeting.
Leadership update, platform evolution and new London HQ
4 min readA number of senior and specialist hires alongside an enhanced platform mark a major milestone for the payments and FX infrastructure provider.
Middle East risk pulls GBP/USD both ways as data disappoints
1 min readConflict is keeping the majors penned into tight ranges, with safe-haven flows the clearest beneficiary. Middle East developments remain the dominant force across all three pairs this week, with risk-on/risk-off swings setting the tone.
Sterling sinks as markets price in a new political reality for UK
1 min readSterling suffered its worst weekly drop since November 2024 last week as UK leadership challenges sent the pound and Gilts sharply lower. Hotter-than-expected US inflation data and a stronger dollar, added to the pressure.