Market Updates
Dollar direction hinges on key US data releases
1 min readSterling is supported by a firm risk backdrop and patient BoE expectations, while euro direction hinges on inflation data and ECB resolve. For the dollar, a heavy U.S. data calendar and Friday’s jobs report remain the key swing factor for near-term moves.
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Dollar direction hinges on key US data releases
1 min readSterling is supported by a firm risk backdrop and patient BoE expectations, while euro direction hinges on inflation data and ECB resolve. For the dollar, a heavy U.S. data calendar and Friday’s jobs report remain the key swing factor for near-term moves.
Sterling advances as markets weigh BoE and US data
1 min readIt’s a huge week for inbound data across G3 currencies, providing key information to support central bank activity around inflation and employment, alongside an expected rate cut in the UK, and a hold from the ECB.
GBPUSD climbs ahead of Fed announcement
1 min readSterling and the euro have both seen notable moves last week, with the big event of the week an almost certain rate cut from the Fed on Wednesday.
Rate cuts and a new chair on the horizon for Fed
1 min readIn this week’s update we look at the news of a likely Fed chair change, the impact of the budget on GBP, and eurozone market activity impacting the major currency pairs.
New Weekly FX Reports. GBP/USD pressured as markets brace for UK budget
1 min readWelcome to the new Weekly Market Update from IFX Payments. Now including in-depth reports on the key market trends and what’s impacting the major currency pairs you care about.
Pound underperforms on income tax revelation
1 min readMarkets tread cautiously with long sought after data and fiscal uncertainty on the horizon. With the US government finally reopening, traders brace for a deluge of data that could redefine the Fed’s path.
Shutdown breakthrough offers glimmer of hope for markets
1 min readIs the shutdown close to an end? Markets took a breather as Washington edges closer to reopening. After weeks of political gridlock, a rare break of ranks in the US Senate has steadied global sentiment.
Dollar holds firm as markets digest Fed’s cautious cut
1 min readWith one central bank cutting last week, traders await the decision of another this week. There are no major swings to speak of but rather sterling and dollar holding steady amidst economic uncertainty on both sides of the Atlantic. The risks particularly to the pound ahead of the budget decision has helped the euro to edge higher.
Fed decision looms whilst US China trade talks underway
3 min readIt’s all to play for this week. The US and China are on the verge of a truce and the ECB brace for a crucial health check on the Eurozone economy. Key storylines in the US tariff saga have reached a climax. There’s also some interesting news concerning something of a clean slate for South Africa and Nigeria, as far as money transfers in and out of the country are concerned.