Resources
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.
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Sterling shivers as markets brace for BoE cut
3 min readThe outlook for the pound is poor ahead of a key BoE interest rate decision this week. The dollar isn’t faring much better following a disappointing week of data in the US. Tariffs continue to create a sense of unease and things are getting crude in the OPEC states. Read on to find out more about the latest developments impacting markets and currencies today.
How IFX powered Sciopay to £3 billion in cross-border payments
3 min readPartnering with IFX Payments, Sciopay have evolved from a promising startup to an established provider, since processing over £3 billion in cross-border payments.
Why your business needs a service-led cross-border payment solution
11 min readToday, sending and receiving international payments should be fast, with competitive fees and exchange rates. Ideally, you can get straight through a human when you need support. This is why a service-led cross-border payment solution is the best approach.
US and EU strike tariff deal
3 min readTensions ease as the US and EU strike a last-minute trade deal, avoiding a tariff escalation that could have rattled global markets. Meanwhile, UK Prime Minister Keir Starmer heads to Scotland for talks with Trump, as transatlantic trade relations come under fresh scrutiny. Trump’s broader economic agenda faces a crucial week, with key US data due and a Fed rate decision looming.
Corporate FX solutions: How to make the right choice for your business
13 min readMany businesses face poor service, hidden fees, and limited support from banks or fintechs. This article explores key FX challenges, what to ask when choosing a provider, and how IFX Payments can offer a simpler, more reliable solution.
How Trojan Consultancy saved 10% on overseas invoices with IFX Payments
3 min readFor businesses operating globally, cross-border payments can eat into your profit margins. Trojan Consultancy partnered with IFX Payments and saved an average of 10% on every overseas invoice – money that stays where it belongs, in their business.
No-deal risk grows as EU/US trade talks stall
3 min readEU/US trade talks are on the brink of collapse. Brussels is preparing for a potential no-deal outcome before the 1 August deadline. The UK grapples with rising unemployment and weak wage growth but there is respite for the pound which is holding firm near $1.34. All this and more in this week’s IFX Market Update.
How IFX transformed payments for huge UK independent tour operator
3 min readWinged Boots, part of Ocean Holidays Group and one of the UK’s largest independently owned tour operators, was struggling to manage complex forward payments across multiple currencies and extended timescales. Our platform solved their operational challenges, delivering significant cost savings and freeing up their team to focus on what they do best.
EU considers alternatives following renewed US tariff threats
3 min readThe EU faces continued negotiations to reduce the tariffs faced by the US. It was never going to be easy, apparently. Tariff deals already struck, the UK has bigger problems to deal with, following another month of contraction to the economy. Read this week’s market update for more.