Trump Discussed Possibility of Firing Jerome Powell Amid Stock Rout The report that president Trump is discussing the possibility of firing Federal Reserve Chair, Jerome Powell,...
OPEC to Prop Up Oil Price by all Means Top producers in the Organisation of the Petroleum Exporting Countries (OPEC) are already looking at the possibility...
Fed Hikes Rate for the Fourth Time in 2018 The Federal Reserve on Wednesday raised interest rates for the fourth time in 2018, despite pressure from...
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...