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 3rd August 2020
Friday proved to be somewhat of a quiet day, the headline being the Eurozone’s record GDP quarterly contraction. Coming in at 12.1%, the reading was...
Read moreIFX Market Report: Friday 31st July 2020
As it has been the case all week, US Dollar weakness is stimulating price movement. The dollar has continued to struggle, with the index down...
Read moreIFX Market Report: Thursday 30th July 2020
After a dovish message from the US Federal Reserve yesterday, the US dollar once again came under selling pressure and (once again) fell to fresh...
Read moreIFX Market Report: Wednesday 29th July 2020
Cable continued to press on yesterday, pushing just past 1.2950 during the session – its highest levels since 11th March. As noted in Tuesday’s report,...
Read moreIFX Market Report: Tuesday 28th July 2020
The decline of the US dollar pressed on yesterday, with the dollar index hitting fresh 2-year lows, falling 1% on the day; making it the...
Read moreIFX Market Report: Monday 27th July 2020
Sterling begins the week strong off the back of one of its most positive weeks since Lockdown began. On the data front – Friday’s UK...
Read moreIFX Market Report: Friday 24th July 2020
On the anniversary of Boris Johnson becoming Prime Minister, sterling has shown some resilience to finish the week holding above the 200-day moving average for...
Read moreIFX Market Report: Thursday 16th July 2020
There is little to report from yesterday, with Wednesday proving to be a pretty flat session. Sterling did very little, amid ongoing fiscal and Brexit...
Read moreIFX Market Report: Wednesday 15th July 2020
Sterling had a reactionary day on Tuesday, not helped by sentiment that the economy is recovering at a slower pace than anticipated. The pound fell...
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