Market Reports
IFX Market Report: Friday 2nd August 2024
Thursday saw the bank of England drop interest rates for the first time since March 2020. Yesterdays 0.25% cut saw the BOE base rate fall from 5.25% to 5%. Rates in 2020 were 0.1% and remained there until rate hikes started in December 2021, with gradual hikes which finally saw the base rate halt in […]
Read more
IFX Market Report: Wednesday 29th September 2021
GBPEUR feel dramatically yesterday, giving up the gains the pair made on Monday.
IFX Market Report: Tuesday 28th September 2021
The British Pound was given another boost yesterday.
IFX Market Report: Monday 27th 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 interest rates “appeared to have strengthened”.
IFX 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 interest rates “appeared to have strengthened”.
IFX Market Report: Thursday 23rd September 2021
The US Dollar gained momentum towards the end of yesterdays session.
IFX 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.
IFX 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.
IFX Market Report: Friday 3rd September 2021
Sterling was able to make impressive gains on Thursday as Cable surpassed the 1.38 handle.
IFX Market Report: Thursday 2nd September 2021
Last Friday’s virtual Jackson Hole Symposium continued to trouble the Greenback on the Wednesday session.