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: Friday 15th January 2021
The U.S. Dollar has strengthened overnight following an announcement from Joe Biden that he will put in place a $1.9 trillion stimulus plan. With the...
Read moreIFX Market Report: Thursday 14th January 2021
The Pound is still trading strong on Thursday after reaching the 1.37 mark against the U.S. Dollar yesterday – a level not seen since seen...
Read moreIFX Market Report: Wednesday 13th January 2021
Since Bank of England Governor Andrew Bailey downplayed the possibilities of the BoE cutting interest rates yesterday, Sterling has made significant gains on both the...
Read moreIFX Market Report: Tuesday 12th January 2021
During a virtual speech at UWE Bristol yesterday, external member of the Bank of England’s (BoE) Monetary Policy Committee (MPC) Silvana Tenreyro reiterated her argument...
Read moreIFX Market Report: Monday 11th January 2021
After a tough start to 2021 the U.S. Dollar is making gains against its G10 peers as it advances against both the Pound and the...
Read moreIFX Market Report: Friday 8th January 2021
Despite the obscene events at Capitol Hill yesterday, the U.S. Dollar has clawed back some of the losses it has made in recent weeks. The...
Read moreIFX Market Report: Thursday 7th January 2021
It would seem clear that the Pound’s “Brexit deal honeymoon” is most certainly over. Bloomberg reports that the currency is off to the “worst start...
Read moreIFX Market Report: Wednesday 6th January 2021
As a result of U.S. Dollar weakness, GBPUSD has been tipped to advance back towards its near 3-year high levels it reached on Monday. The...
Read moreIFX Market Report: Tuesday 5th January 2021
Sterling has started the morning on the back foot as new national lockdown measures are implemented across the UK. After noting that hospitals were under...
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