AUDUSD on the Move Following Drop in Commodity Prices As explained in the forex weekly outlook, a break below the ascending trend line will reinforce sellers’...
U.S. Economy Grew Slightly Better Than Reported in 2Q The U.S. economy expanded slightly than previously estimated in the second quarter. According to the Commerce Department,...
Rate Hike Indicates Healing Economy, Haldane Says Bank of England’s chief economist, Andy Haldane said an interest-rate increase should be seen as good news for the...
Interest Rate: Dollar Gains After Yellen Boosts Expectations The U.S. dollar climbed higher after Janet Yellen, the Federal Reserve Chair, validated other policy-makers predictions for an...
Naira Gains Marginally, Closes at N366/$ The Naira appreciated slightly on Monday after trading at N369 for two weeks. The local currency gained N3 from N369...
FX Window Records $1.323bn Transactions in One Week Total trade value for the week was a marked improvement, compared to the $803.1 million recorded in the...
Forex Weekly Outlook September 25-29 The US Federal Reserve left interest rate unchanged last week, but announced the commencement of its $4.5 trillion balance sheet normalization...
Naira to Take Cue From MPC Decision Next Tuesday The naira is expected to trade little change against the United States dollar next week as investors...
Fed Leaves Rate Unchanged; Balance Sheet Normalization to Commence in October The Federal Reserve on Wednesday left interest rate unchanged at 1.25 percent and announced the...
US Dollar Plunges Ahead of Fed Meeting The US dollar plunged against counterparts on Wednesday as investors await Federal Open Market Committee, FOMC, economic projection and...
