EMERGING MARKETS: Trade Woes Knock Emerging Stocks, Currencies Get Reprieve Emerging stocks flirted with fresh 14-month lows on Thursday amid escalating trade tensions, though many battered...
Naira Gains Against Dollar at Parallel Market The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on...
RBA Leaves Rate Unchanged at 1.5% The Reserve Bank of Australia left cash rate unchanged at 1.50 percent on Tuesday. The global economic expansion is continuing....
US Economy Grows More than Expected in Q2 The world’s largest economy U.S. grew more than expected in the second quarter of the year, the highest...
CBN Injects Fresh $210m Into Forex Market The Central Bank of Nigeria has injected another sum of $210m into the interbank foreign exchange market in a...
Dollar Rises Against Yen as U.S.-Mexico Trade Deal Boosts Sentiment The dollar remained near one-month lows against the euro on Tuesday, but gained against the yen...
Asian Markets Cheer U.S.-Mexico Trade Deal Asian shares advanced on Tuesday and the U.S. dollar hovered near one-month lows as a U.S.-Mexico deal to overhaul the...
CBN Pumps $543m, CNY 63m Into Forex Market The Central Bank of Nigeria (CBN) has injected $543.22 million and Chinese Yuan (CNY) 63.21 million into the...
Fed Defends Gradual Interest Rate Policy The Federal Reserve on Friday defended its policy of raising interest rates despite Trump’s criticism of higher borrowing costs. Jerome Powell,...
Forex Weekly Outlook August 20 – 24 Global uncertainty and rising interest rates in developed economies are dictating the direction of the currency market. The slow...
