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...
U.K. Wage Growth Rises Marginally; Still Lag Inflation U.K. Wage growth inched slightly higher in the three months through October, according to the National Statistics report...
U.K. Consumer Prices Surges Above 3% in November Inflation rate in the U.K. accelerated more than projected in November as rising cost of import goods and...
CBN Injects $210m Into Forex Market The interbank window of the nation’s foreign exchange market on Tuesday received a boost of $210m from the Central Bank...
FX Window Records $1.11bn Transactions in One Week The level of activities on the Investors and Exporters (I&E) foreign exchange (FX) window strengthened to $1.110 billion...
AUDUSD Heading Towards 0.7385 Support Level The Australian dollar continued its downward trend following series of weak economic data and fall in global copper price. The...
Bitcoin Crosses $12,000 on Futures Contracts Bitcoin set a new milestone on Wednesday when the dominant cryptocurrency crossed $12,000 a coin amid speculation CME and Nasdaq...
