U.K. Construction PMI Eases in December UK construction sector eased slightly in December following an uneven recovery in business activity at the end of 2017. The...
Naira Closes at 363/Dollar After New Year Break The naira closed at 363 per United States dollar at the parallel market on Tuesday, the same rate...
US Dollar Selloff Plunges USDCHF Since attaining parity in October, the US dollar has dropped 325 pips against the Swiss Franc to 0.9712 price level. While...
Naira to Remain Steady Amid Slow Holiday Trading The naira is expected to be stable in the week ahead, supported by the Central Bank of Nigeria’s...
ACTN, Analysts Attack CBN’s Naira Intervention Members of the Association of Corporate Treasurers of Nigeria and financial market analysts have urged the Central Bank of Nigeria...
Naira Depreciates to 365/dollar Despite CBN Interventions The naira depreciated marginally by 0.55 percent at the parallel market week-on-week to close at N365 on Friday. The...
Forex Weekly Outlook December 18-22 The ongoing U.S. tax reform continued to dictate global financial markets. However, with the reform likely to go through this week,...
Traders Are Bracing for ‘Explosive’ Moves in the Rand Rand traders haven’t been this nervous since the global financial crisis. Just days before South Africa’s ruling...
Australia Adds More Jobs Than Expected in November Australian economy created more jobs than projected in November, according to the Australian Bureau of Statistics report released...
Federal Reserve Raises Rates by 25 Basis Points The U.S. Federal Reserve raised interest rates on Wednesday to further tighten monetary conditions and support the labor...