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 16th March 2022
Upbeat UK employment data boosted the Pound’s performance yesterday, allowing it to make gains against both the Dollar and Euro.
IFX Market Report: Tuesday 15th March 2022
Sterling was able to gain ground against both the Euro and Dollar yesterday as market sentiment improved.
IFX Market Report: Monday 14th March 2022
The safe-haven US Dollar gained further ground on Sterling and Euro on Friday as market participants favoured buying in to less riskier assets given the rising unrest in Ukraine.
IFX Market Report: Friday 11th March 2022
Risk-off sentiment gripped world markets yesterday as peace talks between Russia and Ukraine broke down with no progress made.
IFX Market Report: Thursday 10th March 2022
The Euro was able to make impressive gains against both the US Dollar and Sterling on Wednesday due to “renewed hopes for a de-escalation of the Russia-Ukraine conflict”.
IFX Market Report: Wednesday 9th March 2022
After a tough start to the week, Euro and Sterling this morning has been able to recover some of their earlier losses as demand for the US Dollar decreases.
IFX Market Report: Tuesday 8th March 2022
Soaring oil prices yesterday reignited the safe-haven demand for the US Dollar.
IFX Market Report: Monday 7th March 2022
The Euro suffered heavy losses against both the Pound and Dollar on Friday.
IFX Market Report: Friday 4th March 2022
Demand for the US Dollar picked up on Thursday as war in Eastern Europe persists.
