CBN, EFCC to Punish Forex Policy Violators SANCTIONS await banks, their customers and businesses that abuse the Central Bank of Nigeria’s (CBN’s) policy restricting foreign exchange...
British Pound Plunges to Record Low Ahead of Brexit Vote The British pound plunged to a record-low on Monday ahead of Tuesday’s parliamentary vote in the...
Forex Weekly Outlook December 10-14 Global foreign exchange market remained highly volatile despite temporary trade agreement reached by the U.S. and China. The slowing growth in...
Australia’s Retail Sales Rise by 0.3% in October Sales in Australia remained largely unchanged in October. The retail sales rose 0.3 percent in October, the Australian...
Australian Economy Slows to 0.3% in Q3 Australian gross domestic product slowed in the third quarter following weak consumer spending. The economy grew by 0.3 percent,...
Trump, Xi Reach Temporary Agreement on Trade The leaders of two largest economies, President Trump and President Xi, agreed to contain trade war on Saturday with...
NZDJPY Weekly Outlook December 3-7 The just concluded G20 summit in Argentina has changed the direction of the forex market following the temporary truce between the...
UBS Rogue Trader Kweku Adoboli Deported to Ghana The well published UBS trader, Kweku Adoboli, has finally been deported back to Ghana after serving years in...
Federal Reserve Likely to Slowdown With Rate Increase The Federal Reserve Chair Jerome Powell on Wednesday said the current level of the US interest rates are...
US GDP Grows at 3.5% Rate in Q3 The world’s largest economy, U.S., remained strong throughout the third quarter. The economy grew at an unrevised rate of...
