Naira Declines to 370 as Forex Liquidity Drops The surge in foreign exchange demands have started weighing on the Naira value. The Nigerian Naira plunged N3...
Forex Weekly Outlook August 28 – September 1 The three key Central Banks’ Governors, Janet Yellen, Mario Draghi and Haruhiko Kuroda on Friday agreed that weak...
Kuroda Vows to Maintain Very Accommodative Policy for Some Time Bank of Japan Governor Haruhiko Kuroda said the recent pace of growth in the world’s third-largest...
Yellen Distances Herself From Trump in Jackson Hole Speech By broadly defending the sweeping financial rules put in place in the past decade, Federal Reserve Chair...
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...