Markets.com Logo

GBPBIF

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    3957.1624$
  • Previous Close
    3988.4302$
  • 52 Week Change
    --
  • Day Range
    -31.27$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GBPBIF.FOREX represents the British Pound Sterling (GBP) against an index, likely a basket of currencies reflecting the performance of the broader market rather than a single currency pair like GBP/USD or GBP/EUR. This financial product offers exposure to the relative strength of the GBP compared to this specific index, allowing investors to speculate on or hedge against the GBP's overall value in the global currency market. Trading in GBPBIF.FOREX is subject to typical forex market conditions, including volatility influenced by economic data releases, geopolitical events, and shifts in monetary policy affecting the UK and the economies represented in the underlying index.

September CPI Inflation Data and Federal Reserve Outlook: An Analysis

Sophia Claire|--

JPMorgan: Stock Market Likely to Shrug Off High CPI Data Amid Fed Rate Cut Hopes

Emma Rose|--

Global Central Bank Rate Cuts: Navigating Market Trends and Investment Strategies

Ava Grace|--

Tesla's Q3 Earnings: Profit Dip, Musk's Pay Battle & AI Pivot

Liam James|--

Oil Prices Surge on Supply Concerns, Strategic Reserve Refill

Ava Grace|--

Gold Price Analysis: Is Gold the Ultimate Hedge Against Stocks in Uncertain Times?

Noah Lee|--

Tom Lee Predicts S&P 500 to 7000 by 2025 Amid Investor Pessimism

Noah Lee|--

Factors

Economic Data: UK & Biafra economic reports like GDP, inflation influence GBP. Nigerian economic stability affects Biafran currency.

Interest Rates: Bank of England & Biafran central bank rate decisions impact currency attractiveness.

Political Stability: Political events in both regions affect investor confidence.

Commodity Prices: Nigeria's oil revenue affects BIF value.

Market Sentiment: Global risk appetite influences currency flows.

People Also Watch

Latest news

Trump's Sudden Russia Policy Shift: Rubio's Influence and Implications

Ava Grace|--

Global Market Review: Gold Volatility and Tech Stock Surge Amidst Economic Uncertainty

Emma Rose|--

September CPI Data: Inflation Hurdles, Tariff Impacts, and Fed Rate Cut Expectations

Noah Lee|--

Latest Education Articles

What is non-farm payroll (NFP): Is higher NFP good or bad?

What is non-farm payroll (NFP): Is higher NFP good or bad?

Ghko B|--
What is crude oil trading: how to start crude oil investing with markets.com

What is crude oil trading: how to start crude oil investing with markets.com

Ghko B|--
Crypto trading basics: What is PooCoin, should you buy PooCoin Token 2026?

Crypto trading basics: What is PooCoin, should you buy PooCoin Token 2026?

Ghko B|--