South Africa to Prosecute Banks for Collusion on Forex Trading South Africa said it plans to prosecute more than a dozen international and local banks for...
U.S. Consumer Spending Climb More than Forecast The U.S consumer spending rose more than predicted in January in a broad-based advance that shows consumers are well-positioned...
Five Takeaways From Janet Yellen’s Testimony Janet Yellen’s first day testifying before Congress solidified investor views that the Fed chair is more hawkish, building on sentiment...
Forex Weekly Outlook February 13-17 The US dollar rebounded mildly last week after President Trump reaffirmed his commitment to tax cuts and fiscal spending. Although, consumer sentiment...
Dollar Gains as Yen on the Defensive Ahead Trump-Abe Meeting The dollar traded higher versus most of its Group-of-10 peers after U.S. President Donald Trump’s promise...
Naira Tumbles to 503 on Parallel Market The naira tumbled against the United States dollar on the parallel market to 503 on Thursday, down from the...
Kiwi Plunges Against Dollar After RBNZ Left Rate Unchanged The Reserve Bank of New Zealand (RBNZ) left interest rate unchanged at 1.75 percent on Thursday. According...
Gold Reaches Three-Month High Gold reached a three-month high as investors purchased metal through the biggest exchange-traded fund for a fifth day, the longest buying spree...
Top Oil Trader Vitol Paid Staff Dividend of $820 Million in 2015 Vitol Group, the world’s biggest independent oil trader, paid its top executives and staff...
OPEC Ministers Say the Market Might Need More Oil Cuts OPEC and other major crude-producing nations may need to extend output cuts into the second half...
