Yen Gains, Asia Stocks Stall on Trump Nafta Remark Donald Trump grabbed investors’ attention in an otherwise listless Asian trading session, with the yen rising and...
Forex Transactions on Investors & Exporters Window Hit $7.62bn The total turnover of forex transactions on the Investors and Exporters window stood at US$7.62 billion as...
Pound Slips as Uncertainties About Post-Brexit Trade Linger The pound declined the most in a week against the dollar amid lingering uncertainties about how long it...
Euro Pressured as Volatility Rises on Jackson Hole, FOMC Meeting The euro started the week on a defensive footing amid thin flows as the market’s focus...
Naira Reverses Gain, Closes at 370/Dollar The naira closed at 370 per United States dollar at the parallel market on Friday, reversing the modest gain it...
Pound Vulnerable as U.K. Prepares to Provide Brexit Plan Details Brexit may dominate factors influencing the pound’s fortunes again this week, with the U.K. set to...
Forex Weekly Outlook August 21-25 Global uncertainties surged to a record high last week after Barcelona was attacked amid the U.S. Charlottesville violence and North Korea...
Naira to Weaken Further as Dollar Demand Increases The naira is seen weakening against the United States dollar on the black market in the coming days...
Pound Rises on Solid Labor Data The British Pound gained after data showed wages grew more than forecast in the second quarter and unemployment rate improved...
CBN Injects $364m Into Inter-bank FX Market The Central Bank of Nigeria has intervened in the Inter-Bank market to the tune of $364m to sustain liquidity...