AUDUSD Ahead of Non-Farm Payroll As projected in the previous analysis, 0.7784 support level was breached today. However, price rebounded from a 3-month low of 0.7742...
U.S. Trade Deficit Improves to 11-month Low in August The weak U.S. dollar and improving global demand are aiding exports in the world’s largest economy. Trade...
U.S. Unemployment Benefits Decline The number of people filing for unemployment benefits declined last week as the impact of hurricanes faded in several states. Unemployment claims...
Uncertainty Plunges Pound to 3-week Low The U.K pound plunged to a 3-week low following growing political uncertainty and weak economic growth. The pound declined against...
Naira Closes Higher at N363 to a Dollar Increased foreign exchange liquidity has started filtering through key economic sectors and prop up Naira value against the...
CBN Sustains Forex Intervention with $195m In continuation of its effort to sustain foreign exchange (forex) liquidity in the country, the Central Bank of Nigeria (CBN)...
USDCHF Heading Towards Parity The renewed interest in the U.S. assets amid growing uncertainty in the Euro-area and fall in global commodity prices, that undermines emerging...
RBA Holds Rates Amid Plunge in Iron Ore Prices The Reserve Bank of Australia left interest rates unchanged on Tuesday following fall in global iron ore...
‘Lagos Controls Over 90% of Nigeria’s Forex Inflows’ The Lagos State Government has said it controls over 90 per cent of foreign exchange inflows into the...
Forex Weekly Outlook October 2-6 The US dollar rebounded last week after Janet Yellen said gradual interest rate hike is appropriate at a time of high...