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: Thursday 5th March 2020
The Bank of Canada surprised financial markets yesterday by following the US Federal Reserve’s lead and reduced their own interest rates by 0.5%, citing the...
Read moreIFX Market Report: Wednesday 4th March 2020
The pound made gains against a weaker dollar after the emergency rate cut by the Federal Reserve. Most investors think the UK will do the...
Read moreIFX Market Report: Tuesday 3rd March 2020
The pound hit a four-and-a-half month low against the euro as investors are wary of the potential for disagreement in the trade negotiations between the...
Read moreIFX Market Report: Monday 2nd March 2020
The pound dropped sharply on Friday, losing almost 1% against the US dollar and the euro after investors steered clear of any currencies deemed risky....
Read moreIFX Market Report: Thursday 27th February 2020
The pound made further losses on Wednesday as Rishi Sunak’s budget announcement is suspected to be disappointing for those expecting an increase in government spending....
Read moreIFX Market Report: Tuesday 25th February 2020
The pound initially fell against the US dollar and euro on Monday morning as fears about the potential economic impact of the spreading coronavirus pushed...
Read moreIFX Market Report: Tuesday 18th February 2020
The pound gave up some of last weeks gains on Monday which were sparked from the UK’s new finance minister being likely to introduce looser...
Read moreIFX Market Report: Monday 10th February 2020
The pound made gains on Friday but ended the week with the biggest weekly fall since the December election as once gain the fears of...
Read moreIFX Market Report: Thursday 6th February 2020
The pound fell 0.5% against the dollar on Wednesday as US jobs data came in stronger than expected. Earlier in the day the pound had...
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