Market Reports

13 Sep 2024

IFX Market Report: Friday 2nd August 2024

2 min read

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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7 Feb 2022

IFX Market Report: Monday 7th February 2022

2 min read

After a volatile session on Thursday, FX markets traded rather flat on Friday.

7 Feb 2022

IFX Market Report: Friday 4th February 2022

2 min read

The Bank of England raised interest rates for the second time in three months yesterday in an attempt to tame rising inflation.

3 Feb 2022

IFX Market Report: Thursday 3rd February 2022

2 min read

Sterling continued to gain momentum on Wednesday as investors increased their bets of a Bank of England interest rate hike this afternoon.

2 Feb 2022

IFX Market Report: Wednesday 2nd February 2022

2 min read

Sterling gained further momentum on Tuesday as investors become increasingly confident that the Bank of England will “impose back-to-back rate hikes for the first time since 2004”.

1 Feb 2022

IFX Market Report: Tuesday 1st February 2022

2 min read

Markets traded largely flat on Monday as investors await key economic data releases and central bank meetings this week.

31 Jan 2022

IFX Market Report: Monday 31st January 2022

2 min read

After hitting 3-week lows on Tuesday, Sterling showed signs of recovery yesterday as the currency “steadied… as some calm in stocks led traders to buying back into hard-hit currencies”.

31 Jan 2022

IFX Market Report: Monday 31st January 2022

2 min read

Sterling marked impressive gains against both the Dollar and Euro on Friday as investors eagerly anticipate this weeks Bank of England (BoE) interest rate decision.

27 Jan 2022

IFX Market Report: Thursday 27th January 2022

2 min read

After hitting 3-week lows on Tuesday, Sterling showed signs of recovery yesterday as the currency “steadied… as some calm in stocks led traders to buying back into hard-hit currencies”.

26 Jan 2022

IFX Market Report: Wednesday 26th January 2022

2 min read

After a volatile start to the week, markets calmed on Tuesday. Sterling made subtle gains against both the Euro and the Dollar in yesterday’s session after recording tough losses on Monday.

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