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: Wednesday 17th November 2021
The UK’s Unemployment Rate dropped below forecast in September, coming in at 4.3% with a previous of 4.5%. The Office for National Statistics latest findings...
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IFX Market Report: Tuesday 16th November 2021
The Euro came under more pressure on Monday as European Central Bank President Christine Lagarde reiterated her view that conditions for a rate hike are...
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IFX Market Report: Monday 15th November 2021
The Dollar is trading strong this morning, still finding gains from last week’s “surprisingly” high inflations figures, which in turn “prompted investors to advance their...
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IFX Market Report: Friday 12th November 2021
The Pound suffered a sharp decline on Thursday morning as a direct result of poor UK GDP data. Cable suffered the most as the pair...
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IFX Market Report: Thursday 11th November 2021
October’s US Inflation Rate came as a massive boost to the Greenback yesterday, helping the currency end a 3-day streak of losses. The YoY figure...
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IFX Market Report: Wednesday 10th November 2021
Sterling had an uneventful session on Tuesday, trading rather flat against the Euro and US Dollar. Capping any gains for the Pound is the high...
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IFX Market Report: Tuesday 9th November 2021
Sterling was able to make a slight recovery on Monday as a positive market sentiment helped the currency to rise. The Dollar naturally “stayed under...
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IFX Market Report: Monday 8th November 2021
Sterling’s aggressive sell off continued on Friday as the Pound hit a five-week low against the Dollar. This is a direct result of the Bank...
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IFX Market Report: Friday 5th November 2021
Sterling plummeted on Thursday as the Bank of England decided to keep interest rates on hold this month. Despite the Monetary Policy Committee needing “hard...
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