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Market Reports

28 May 2024

IFX Market Report: Tuesday 9th January 2024

3 min read

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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28 Sep 2021

IFX Market Report: Tuesday 28th September 2021

2 min read

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...

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27 Sep 2021

IFX Market Report: Monday 27th September 2021

2 min read

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....

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24 Sep 2021

IFX Market Report: Friday 24th September 2021

2 min read

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...

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23 Sep 2021

IFX Market Report: Thursday 23rd September 2021

2 min read

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...

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16 Sep 2021

IFX Market Report: Thursday 16th September 2021

2 min read

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...

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15 Sep 2021

IFX Market Report: Wednesday 15th September 2021

2 min read

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...

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3 Sep 2021

IFX Market Report: Friday 3rd September 2021

2 min read

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...

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2 Sep 2021

IFX Market Report: Thursday 2nd September 2021

2 min read

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...

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1 Sep 2021

IFX Market Report: Wednesday 1st September 2021

2 min read

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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