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 22nd October 2021
Sterling opens Friday morning on the backfoot after UK retail sales unexpectedly fell for a fifth consecutive month, adding to signs that “Britain’s economic recovery...
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IFX Market Report: Thursday 21st October 2021
The US Dollar experienced another aggressive sell-off in Wednesday’s session, marking losses against both the Euro and Sterling. The risk-on market sentiment naturally added more...
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IFX Market Report: Wednesday 20th October 2021
Sterling strengthened yesterday after the Bank of England governor Andrew Bailey reiterated his claim that the central bank “will have to act” over rising inflation....
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IFX Market Report: Tuesday 19th October 2021
The latest Chinese GDP data forced global markets into decline on Monday, creating a downbeat tone in the foreign exchange market. Chinese economic growth in...
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IFX Market Report: Monday 18th October 2021
The Pound spiked against the US Dollar this morning as markets became increasingly hopeful the Bank of England will raise interest rates sooner than previously...
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IFX Market Report: Friday 15th October 2021
Sterling was able to test key levels on Thursday and has maintained it’s recent gains against both the Euro and Dollar going into this mornings...
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IFX Market Report: Thursday 14th October 2021
The US Dollar weakened yesterday as September’s meeting minutes indicated the Federal Open Market Committee could end their stimulus programme by mid-2022. The release of...
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IFX Market Report: Wednesday 13th October 2021
Poor economic data from Germany dented the Euro yesterday, allowing both Sterling and the Dollar to capitalize in the session. Germany’s October ZEW Economic Sentiment...
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IFX Market Report: Tuesday 12th October 2021
The UK labour report was published this morning, showing an improved unemployment rate of 4.5%. The number of payroll employees “showed another monthly increase, up...
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