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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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9 Jun 2021

IFX Market Report: Wednesday 9th June 2021

2 min read

Cable dropped below 1.4150 on Tuesday due to growing fears over a possible delay in the UK’s reopening as a result of the rising cases...

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8 Jun 2021

IFX Market Report: Tuesday 8th June 2021

2 min read

With a light data calendar on Monday, G10 currencies remained somewhat flat as the Pound and Euro made subtle advances on an already shaky US...

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7 Jun 2021

IFX Market Report: Monday 7th June 2021

2 min read

The Dollar weakened on Friday due to disappointing US Labour data, enabling both Sterling and the Euro to advance. Cable comfortably surpassed the 1.41 handle...

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4 Jun 2021

IFX Market Report: Friday 4th June 2021

2 min read

The Pound struggled again on Thursday as markets became increasingly worried about the rise in Delta COVID-19 cases here in the UK. Despite fears that...

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3 Jun 2021

IFX Market Report: Thursday 3rd June 2021

2 min read

The Pound was uninspiring on Wednesday, recording another day of losses against the Euro as GBPEUR closed above the 1.16 handle. The Euro was able...

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2 Jun 2021

IFX Market Report: Wednesday 2nd June 2021

2 min read

Despite reaching fresh 2-year highs against the US Dollar early in the session, The British Pound was the worst performing G10 on Tuesday, losing ground...

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1 Jun 2021

IFX Market Report: Tuesday 1st June 2021

2 min read

Thanks to a weaker US Dollar, GBPUSD was able to reach fresh highs not seen since February earlier this year on Monday. One economist noted...

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28 May 2021

IFX Market Report: Friday 28th May 2021

2 min read

Sterling rallied across the board yesterday after BOE Senior Policymaker Gertjan Vileghe said an early interest rate hike is possible providing there is a smooth...

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27 May 2021

IFX Market Report: Thursday 27th May 2021

2 min read

Cable remained under pressure yesterday as former Downing Street advisor Dominic Cummings gave a highly anticipated testimony. Mr Cummings, the Prime Minister’s former top aide,...

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