Again, CBN Injects $195m into Forex Market The Central Bank of Nigeria (CBN) on Monday continued its intervention in the interbank foreign exchange (forex) market with...
Forex Weekly Outlook October 9-13 The US economy lost 33,000 jobs in September due to the Hurricanes. While, this is lower than the 80,000 increase expected...
Hurricanes: US Lost 33,000 Jobs in September Hurricanes plunged U.S. jobs to the lowest since 2010 in September. U.S. Non-Farm Payrolls declined by 33,000 in September,...
AUDUSD Ahead of Non-Farm Payroll As projected in the previous analysis, 0.7784 support level was breached today. However, price rebounded from a 3-month low of 0.7742...
U.S. Trade Deficit Improves to 11-month Low in August The weak U.S. dollar and improving global demand are aiding exports in the world’s largest economy. Trade...
U.S. Unemployment Benefits Decline The number of people filing for unemployment benefits declined last week as the impact of hurricanes faded in several states. Unemployment claims...
Uncertainty Plunges Pound to 3-week Low The U.K pound plunged to a 3-week low following growing political uncertainty and weak economic growth. The pound declined against...
Naira Closes Higher at N363 to a Dollar Increased foreign exchange liquidity has started filtering through key economic sectors and prop up Naira value against the...
CBN Sustains Forex Intervention with $195m In continuation of its effort to sustain foreign exchange (forex) liquidity in the country, the Central Bank of Nigeria (CBN)...
USDCHF Heading Towards Parity The renewed interest in the U.S. assets amid growing uncertainty in the Euro-area and fall in global commodity prices, that undermines emerging...