NZDCAD Breaks Key Support; Further Sell Opportunity? I first mentioned this pair sell potential in December but after hitting our target at 0.9298, it rebounded. Reaching...
Gold Gains With Treasuries and Yen on Haven Demand Gold and Treasuries strengthened with the Japanese yen on lingering investor concern about global security risks and...
BDCs Seek FX Rate Review, Increased Allocation The Association of Bureaux de Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)...
CBN Opens Special Forex Window for SMEs The Central Bank of Nigeria on Monday said it had opened a special foreign exchange window for the Small...
Dollar Enjoys Support From Dudley Comments Before Yellen Q&A A post-U.S. payrolls rebound in the dollar and Treasury yields kept driving thin markets on Monday before...
Dollar Purchases Raise Interbank Rate to 14.5% The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank...
Forex Weekly Outlook April 10-14 The US economy added fewer jobs in March than projected, adding just 98,000 people to the payroll but the unemployment rate...
Naira Slides to 405/$ Amid Tight Dollar Supply The naira slid to 405 against the United States dollar on the parallel market on Friday amid tight...
Russian Ruble Tumbles After U.S. Syria Strikes as Politics Eclipse Carry Russia’s ruble fell the most among emerging-market currencies on Friday and the nation’s borrowing costs...
CBN Releases $100m, Naira Rises to 397/$ The Central Bank of Nigeria on Thursday offered $100m in currency forwards, to be settled within 60 days, currency...