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: Tuesday 28th September 2021
The British Pound was given another boost yesterday as Bank of England Governor Andrew Bailey said “that he and other members of the Monetary Policy...
Read moreIFX Market Report: Monday 27th September 2021
Following a brief spike on Thursday induced by the latest Bank of England policy meeting, Sterling struggled on Friday against the Euro and US Dollar....
Read moreIFX Market Report: Friday 24th September 2021
After a disappointing week Sterling was able to rally against the Euro and Dollar yesterday as the Bank of England said the case for higher...
Read moreIFX Market Report: Thursday 23rd September 2021
The US Dollar gained momentum towards the end of yesterdays session as Federal Reserve Chair Jerome Powell said the US central bank could “easily move...
Read moreIFX Market Report: Thursday 16th September 2021
The pound remained steady following high inflation data which saw a reading of 3.2% in August compared to 2% in July. The posted number was...
Read moreIFX Market Report: Wednesday 15th September 2021
Early employment data released on Tuesday showed a record 241,000 new members of staff were added to payroll across the UK in August. Later on...
Read moreIFX Market Report: Friday 3rd September 2021
Sterling was able to make impressive gains on Thursday as Cable surpassed the 1.38 handle. The Financial Times yesterday reported on the Bank of England’s...
Read moreIFX Market Report: Thursday 2nd September 2021
Last Friday’s virtual Jackson Hole Symposium continued to trouble the Greenback on the Wednesday session. Just after midday, GBPUSD was able to surge to a...
Read moreIFX Market Report: Wednesday 1st September 2021
In a rare turn of events, the Euro exhibited some vigour yesterday, making subtle advances against the Pound. After Federal Reserve (Fed) Chairman Jerome Powell...
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