Forex Weekly Outlook June 5-9 The U.S. dollar declined against all the 16 major currencies on Friday after data showed the economy added fewer jobs than...
Naira Gains, Closes at 374/Dollar The naira appreciated to 374 per United States dollar on Thursday, up from 382/dollar on Wednesday. The local unit closed at...
Pound Plunges Ahead of U.K. Election The British pound plunged against the greenback as the uncertainty surrounding the June 8 election reached a new level. According...
Marker Update: Asia Stocks Rise as Yuan Strengthens, Oil Rebounds Asian equities rose, as gains in Japan helped offset declines in China, as investors weighed economic...
China Crushes Yuan Bears, Snubs Moody’s as Currency Takes Off China is dishing out a tough lesson to currency traders and strategists alike: don’t bet against...
CBN Injects $482.6m into Forex Market, Naira Gains The Central Bank of Nigeria, CBN, on Tuesday cushion the economy by injecting a total of $482.6 million...
Bitcoin’s Rapid Surge Raises Reasons to Question Latest Frenzy Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, skeptics say. The digital currency’s more...
Fed’s Williams Sees ‘Much Smaller’ Balance Sheet in Five Years Federal Reserve Bank of San Francisco President John Williams sees a “much smaller” Fed balance sheet...
CBN’s Regular Intervention in FX Market Inevitable The continued intervention of the Central Bank of Nigeria in the foreign exchange market to strengthen the naira is...
Rand’s Slide Is Tempered by Yield Chasers Unfazed by Zuma’s Win South Africa’s President Jacob Zuma is staying put — but the rand’s muted reaction suggests...
