Emerging Currencies Are in the Bull’s-Eye as More Central Banks Signal Hikes With yields surging across major economies as more central banks hint at joining the...
Naira to Remain Steady on CBN Dollar Supply The naira is seen steady on the foreign exchange market in the coming days as the Central Bank...
Yen Rises on Haven Demand as Treasury Yields, Equities Decline The yen strengthened as U.S. Treasury yields held their declines from Wednesday and Japanese stocks slumped...
Dollar Reverses Drop Before Fed Minutes, Data as Risk-Off Fades The Bloomberg Dollar Spot Index reversed early losses on a move fueled by the greenback’s rally...
U.K. Non-manufacturing Expands Less Than Projected The U.K. services sector expanded slightly in June as the economy shows signs of weak momentum. The services’ Purchasing Managers...
Haven Gains Ebb as Traders Await Fed, ECB Minutes A shift to haven assets in the wake of North Korea’s missile test faded as investor attention...
Aussie Swings to Loss as RBA’s Lack of Hawkish Talk Disappoints Australia’s dollar swung to a loss after the central bank kept interest rates unchanged, and...
Yen Erases Gain as Focus Returns to U.S. Data After LDP Defeat The yen erased gains as the focus returned to U.S. economic data due this...
Naira May Weaken on Increased Dollar Demand The naira may depreciate marginally on the black market in the days ahead on an expected increase in dollar...
Euro Advances to One-Year High The Euro single currency on Tuesday rose to a year high after the European Central Bank president Mario Draghi hinted of...