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 28th June 2019
The pound held near the 1.27 mark on Thursday as traders reduced their short positions on the pound ahead of the G20 meeting this weekend....
Read moreIFX Market Report: Thursday 27th June 2019
The pound had mixed day yesterday, ending the session marginally up against the US dollar, but dropping to a fresh 5 ½-month low against the...
Read moreIFX Market Report: Wednesday 26th June 2019
The pound fell against the dollar yesterday after hitting a one-month high as the risks of a no deal Brexit continued to weigh the currency...
Read moreIFX Market Report: Tuesday 25th June 2019
The US dollar weakened slightly against a basket of currencies on Monday as traders started betting that the US Federal Reserve may lower interest rates...
Read moreIFX Market Report: Monday 24th June 2019
The pound finished the week higher against the US dollar gaining over 2 cents from the low of the week but remained close to 5-month...
Read moreIFX Market Report: Friday 21st June 2019
The pound rally stumbled slightly despite the Bank of England, as expected, being less dovish than other central banks. The policymakers cut second quarter growth...
Read moreIFX Market Report: Thursday 20th June 2019
The pound made gains on Wednesday as investors believed the Bank of England would strike a more positive tone in today’s Bank of England policy...
Read moreIFX Market Report: Wednesday 19th June 2019
Sterling was stuck near five-month lows yesterday as Boris Johnson’s lead was cemented by the latest round of voting by Conservative MPs. He gained 126...
Read moreIFX Market Report: Tuesday 18th June 2019
The pound fell on Monday as Boris Johnson continued to look the most likely candidate to replace Theresa May as Prime Minister. Sterling dropped to...
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