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 25th September 2020
The pound had a more positive day yesterday but still remains under pressure after the announcement form the Chancellor of the Exchequer Rishi Sunak to...
Read moreIFX Market Report: Thursday 24th September 2020
The dollar continued to strengthen, marking the fourth straight day of gains as investors remained concerned about weak economic data and rising Covid-19 cases throughout...
Read moreIFX Market Report: Wednesday 23rd September 2020
The US dollar was amongst the best performing currencies yesterday after the release of positive US economic data and hawkish comments from a Federal Reserve...
Read moreIFX Market Report: Tuesday 22nd September 2020
The pound fell to a one-week low against a broadly stronger US dollar as serious concerns in the banking sector caused a fall in global...
Read moreIFX Market Report: Monday 21st September 2020
As we enter a new week, over the weekend growing concerns over rising COVID-19 cases in the UK prove to be another hindrance to the...
Read moreIFX Market Report: Friday 18th September 2020
After a turbulent 24 hours, the pound is on course to record a weekly gain against both the dollar and EUR. After depreciating significantly following...
Read moreIFX Market Report: Thursday 17th September 2020
As markets prepare for a Bank of England Interest Rate Decision today, the pound has gained some ground due to Boris Johnson giving MP’s the...
Read moreIFX Market Report: Wednesday 16th September 2020
Tuesday proved to be a relatively calm session for the G10 foreign exchange market, with little price action in the day, currencies traded relatively flat...
Read moreIFX Market Report: Tuesday 15th September 2020
As Boris Johnson's Internal Market Bill was voted through parliament yesterday, the pound held firm, closing slightly higher against many of its G10 peers. Ministers...
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