Yen Rises, Stocks Pare Gains After Strike on Syria Stocks pared gains and the yen surged after the U.S. launched an attack on Syria. Gold jumped...
Stocks Drop, Euro Wobbles on Central Bank Outlooks Central banks were the dominant theme for markets on Thursday, with European stocks tracking declines in Asia and...
CBN Holds Forex Auction for Airlines, Fuel Marketers The Central Bank of Nigeria (CBN) yesterday conducted special dollar auction sale to fuel marketers, manufacturers and airlines...
Naira Gains on Fresh Dollar Supply, Now 390/dollar The naira recorded a gain against the United States dollar on the parallel market on Tuesday, a day...
RBA’s Lowe Lashes Out at Australian Banks for Risky Home Lending Australia’s central bank Governor Philip Lowe rebuked the nation’s banks over lax lending practices and...
RBA’s Lowe Keeps Benchmark Interest Rate at 1.5% The following is a reformatted version of a statement published Tuesday on the Reserve Bank of Australia’s website,...
Pound Falls for Second Day as Stops Hit, Construction Slows The pound declined for a second day against the dollar, tumbling 48 pips in four minutes...
CBN Disburses $240 Million Forex to BDCs, Others Today The Central Bank of Nigeria (CBN) resumes this week’s foreign exchange market intervention today with a disbursement...
Forex Weekly Outlook April 3-7 The US economy expanded more than previously estimated in the final quarter of 2016, growing at 2.1 percent annualized rated instead...
CBN Moves on Forex to Boost Economy Nigeria’s central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy...