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 12th January 2022
The Pound advanced on Tuesday against both the Euro and Dollar, supported by the markets “expectations that the Bank of England will raise interest rates further”.
IFX Market Report: Tuesday 11th January 2022
The US Dollar edged higher against the Euro and Sterling on Monday as “recent employment data prompted some Wall Street banks to raise their estimates for how quickly the Federal Reserve will raise interest rates this year”.
IFX Market Report: Monday 10th January 2022
The US Dollar ended last week in red, suffering losses from the release of December Jobs Report.
IFX Market Report: Friday 7th January 2022
Sterling continued to hold its own on Thursday, marking gains against both the Euro and Dollar.
IFX Market Report: Thursday 6th January 2022
After struggling against its major rivals during the first half of the European trading day, the US Dollar “made a sharp U-turn in the late American session” due to rising US Treasury bond yields.
IFX Market Report: Wednesday 5th January 2022
Sterling exhibited impressive resilience on Tuesday to mark gains against both the Euro and Dollar.
IFX Market Report: Tuesday 4th January 2022
A stronger Dollar was able to mark gains against both Sterling and the Euro on Monday.
IFX Market Report: Friday 31st December 2021
The Pound and Euro marked gains against the Dollar once again on Thursday.
IFX Market Report: Thursday 30th December 2021
Sterling and Euro advanced against the Dollar on Wednesday as falling US Treasury Yields weighed heavy on the Greenback.
