Market Reports
IFX Market Report: Friday 2nd August 2024
Thursday saw the bank of England drop interest rates for the first time since March 2020. Yesterdays 0.25% cut saw the BOE base rate fall from 5.25% to 5%. Rates in 2020 were 0.1% and remained there until rate hikes started in December 2021, with gradual hikes which finally saw the base rate halt in […]
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IFX Market Report: Wednesday 4th May 2022
Investors expect the Fed to raise rates by 50 basis points at its Tuesday-Wednesday meeting.
IFX Market Report: Thursday 21st April 2022
The Euro experienced a rare run of strong form on Wednesday due to hawkish speak from key European Central Bank policymakers.
IFX Market Report: Wednesday 20th April 2022
The British Pound suffered minor losses on Tuesday against both the Euro and Dollar as market sentiment became more risk-off.
IFX Market Report: Tuesday 19th April 2022
The Dollar traded strong on Monday as all major European markets were closed for the day.
IFX Market Report: Thursday 14th April 2022
The Dollar weakened against both the Euro and Dollar on Wednesday due to an “improving market mood and falling US Treasury bond yields”.
IFX Market Report: Wednesday 13th April 2022
The US Dollar made a strong rebound on Tuesday after the US printed slightly softer-than-expected inflation data.
IFX Market Report: Tuesday 5th April 2022
The US Dollar was stronger on Monday as US two-year Treasury yields climbed to their highest level since early 2019, “continuing to push higher on expectations that the Federal Reserve will deliver bigger rate hikes in the months ahead to tame inflation”.
IFX Market Report: Monday 4th April 2022
Sterling recorded a loss on Friday, finishing the day in the red against both the Euro and US Dollar.
IFX Market Report: Friday 1st April 2022
After a strong run of form on Wednesday, the Euro struggled yesterday, marking losses against both Sterling and the Dollar.
