BoE Raises Interest Rates by 25 Basis Points The Bank of England policymakers on Thursday raised interest rates for the first time in a decade. The...
Dollar Drops as Powell Set for Fed Nod; Bonds Slip The dollar declined and Treasury yields steadied as investors digested news that President Donald Trump is...
Fed Leaves Rates Unchanged once Again The Federal Reserve on Wednesday left interest rates unchanged, citing weak inflation rate. According to the Federal Open Market Committee,...
U.K. Manufacturing Strengthens; Pound Surges The United Kingdom manufacturing sector strengthened in October amid rising prices. Manufacturing gauge stood at 56.3 in October, according to IHS...
CBN Pumps Another $195m into Forex Market The Central Bank of Nigeria (CBN), on Tuesday injected another $195 million into the interbank foreign exchange market. The...
EURGBP Weekly Outlook October 30 – November 3 Since peaking at 0.9305 in August, this pair has lost 477 pips and will close this month as...
AUDJPY Weekly Outlook October 30 – November 3 The weak Australian fundamental and China’s deleveraging effort plunged the Aussie against most currencies. However, the Japanese Yen...
Forex Weekly Outlook October 30 – Nov 3 The US dollar sustained gains against its counterparts last week following the adoption of 2018 fiscal budget by...
CBN Boosts Forex Liquidity with Another $286m The Central Bank of Nigeria on Friday deepened its effort at converging forex rates and prop up the Naira...
U.S. Economy Sustains Growth Above 3% in 3Q The U.S. economy grew at a faster pace in the third quarter of the year to sustain broad...
