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...
Read moreIFX Market Report: Wednesday 2nd March 2022
An increased demand for safe-haven assets yesterday allowed the US Dollar to force gains against both the Euro and Sterling. With investors flocking to the...
Read moreIFX Market Report: Tuesday 1st March 2022
After slipping into the 1.33 range early in the session, GBPUSD was able to recover slightly by the close yesterday, finishing above the 1.34 mark....
Read moreIFX Market Report: Monday 28th February 2022
Sterling fell against both the US Dollar and Euro on Friday as market sentiment continued to worsen due to ongoing conflict in Ukraine. Over the...
Read moreIFX Market Report: Friday 25th February 2022
Global markets became incredibly volatile on Thursday as Russian forces invaded Ukraine in a “full-scale” assault. Ukraine yesterday reported troops “pouring across the borders with...
Read moreIFX Market Report: Thursday 24th February 2022
Sterling stuttered once again on Wednesday as notable Bank of England members played down the chance of aggressive rate hikes this year. BoE Governor Andrew...
Read moreIFX Market Report: Wednesday 23rd February 2022
Sterling lost momentum on Tuesday, falling to a six-day low against the US Dollar and Euro as investors became increasingly “cautious on the British currency...
Read moreIFX Market Report: Tuesday 22nd February 2022
GBPEUR was able to close beyond the 1.20 handle on Monday as investors continue to bet on further Bank of England interest rate action. The...
Read moreIFX Market Report: Monday 21st February 2022
Risk sentiment soured on Friday as tensions over the Russia-Ukraine conflict appeared to get worse. In a televised address from the White House, President Joe...
Read moreIFX Market Report: Friday 18th February 2022
Sterling was able to mark gains against both the Euro and Dollar yesterday as “expectations of a rate hike by the Bank of England continued...
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