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: Thursday 22nd July 2021
Sterling was able to end its multi-day losing streak on Wednesday as market sentiment improved globally. While investors were extremely worried at the beginning of...
Read moreIFX Market Report: Wednesday 21st July 2021
Sterling is weaker this morning as COVID-19 Delta cases continue to rise in the UK. The latest data from Public Health England “show that numbers...
Read moreIFX Market Report: Tuesday 20th July 2021
On Monday risk aversion weighed heavy of the British Pound, as global markets experienced their “worst day of the year so far”. This morning Cable...
Read moreIFX Market Report: Monday 19th July 2021
Sterling was weaker on Friday, enabling both the Dollar and Euro to capitalize as markets transitioned to a more ‘risk-off’ environment. Despite COVID-19 cases rising...
Read moreIFX Market Report: Friday 16th July 2021
After a tough week, the US Dollar starts this morning on the front foot, making advances against both the Euro and Sterling. A string of...
Read moreIFX Market Report: Thursday 15th July 2021
The US Dollar weakened yesterday afternoon as Federal Reserve Chair Jerome Powell “stuck to the script on monetary policy” at his latest testimony. Confidence in...
Read moreIFX Market Report: Wednesday 14th July 2021
Cable came under pressure on Tuesday as US CPI data indicated that inflation is at its highest point in 13 years. The CPI Index rose...
Read moreIFX Market Report: Tuesday 13th July 2021
The British Pound traded rather flat on Monday as there were “little or no drivers during the session to push Sterling”. Last Friday’s US Dollar...
Read moreIFX Market Report: Monday 12th July 2021
The US Dollar dipped on Friday, enabling both the Euro and Sterling to gain some upside. After a disastrous week Cable found itself back above...
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