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...
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IFX Market Report: Friday 24th December 2021
Sterling traded well on Thursday, marking gains against both the Dollar and Euro in the session. Trading action has “subdued” in the lead up to...
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IFX Market Report: Thursday 23rd December 2021
Sterling and Euro have been able to capitalize on a weaker Dollar as safe-haven currencies lost momentum on Wednesday due to “signs that the Omicron...
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IFX Market Report: Wednesday 22nd December 2021
Sterling remained steady on Tuesday as Boris Johnson announced that there is not “enough evidence to justify any tougher measures before Christmas”. The British Prime...
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IFX Market Report: Tuesday 21st December 2021
Despite starting the week strong, improved market sentiment is forcing the Dollar lower on Tuesday. The Dollar Index (DXY), which measures the currency against six...
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IFX Market Report: Monday 20th December 2021
Sterling is down on Monday as “a broad risk-off mood swept though financial markets” in the early hours due to the investor’s fears over the...
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IFX Market Report: Friday 17th December 2021
Sterling spiked on Thursday as the Bank of England became the world’s first major central bank to hike interest rates since the start of the...
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IFX Market Report: Thursday 16th December 2021
The US Dollar is down this morning as the Federal Reserve last night announced it will be doubling the rate at which it will reduce...
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IFX Market Report: Wednesday 15th December 2021
With investors attentions focused on this evenings FOMC meeting, markets traded in a tight range yesterday as they did on Monday. The Dollar was able...
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IFX Market Report: Tuesday 14th December 2021
Markets traded rather flat on Monday as investors brace themselves ahead of global central bank meetings this week. The US Dollar lost momentum in the...
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