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: Monday 8th March 2021
After Jerome Powell’s comments on Thursday gave the Dollar significant momentum, Cable and EURUSD have continued to struggle. Having cemented its position as last week’s...
Read moreIFX Market Report: Friday 5th March 2021
Sterling was able to make modest gains on Thursdays session as the currency maintained momentum following Rishi Sunak’s Budget on Wednesday. The Pound was able...
Read moreIFX Market Report: Thursday 4th March 2021
As Sunak unveiled his Budget in the House of Commons yesterday, the UK’s vaccine advantage and broadly stable global equity markets kept the Pound competitive....
Read moreIFX Market Report: Wednesday 3rd March 2021
The Dollar’s recent surge came to a halt yesterday as market sentiment became more ‘risk-on’ as equities made a strong rebound. Cable was able to...
Read moreIFX Market Report: Tuesday 2nd March 2021
The Pound remained relatively steady against the Euro in yesterdays session but depreciated against a stronger U.S. Dollar. Since the start of 2021 Dollar-weakness has...
Read moreIFX Market Report: Monday 1st March 2021
Despite struggling in the latter half of last week and losing a lot of the upside it had gained against its peers, Sterling has started...
Read moreIFX Market Report: Friday 26th February 2021
After a week of substantial gains Sterling yesterday suffered its sharpest decline of the year – dropping by over 1% against the Euro, and over...
Read moreIFX Market Report: Thursday 25th February 2021
The Pound was able to open above the 1.41 handle this morning, thanks to comments from Fed Chair Jerome Powell yesterday evening. Powell announced a...
Read moreIFX Market Report: Wednesday 24th February 2021
Sterling’s surge has continued as the UK currency reaches fresh highs against both the Euro and the Dollar. Cable was able to reach levels not...
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