Dollar Hits 12-Week Low on Trump Global stocks turned higher while the dollar stabilized after its worst month since March as investors weighed the impact of...
BOJ Holds Stimulus With Little Change in Inflation Outlook The Bank of Japan kept stimulus unchanged and left its inflation forecasts largely untouched as it waits...
Naira Rebounds Slightly From Record Low The Naira rebounded slightly from a record low, after previously trading at N500 a dollar during the early trading hours...
Forex Weekly Outlook Jan 30 – Feb 3 The US dollar was weighed upon by political uncertainty and weaker than expected GDP figure in the first...
Yen Extends Slump on BOJ Move; Japanese Shares Gain The yen extended the biggest decline in a week and Japanese bonds rose as the nation’s central...
CBN to Sell Dollars in Special Auction to Clear Backlogs The Central Bank of Nigeria (CBN) has asked banks to bid in a special currency auction...
Foreign Exchange Inflows Surge by 82.5% The Nigeria’s capital importation increased significantly in the last month of the year, following a surge in global oil prices, according...
Japan Shares Fall on Yen Gain Japanese shares fell for a second day after the yen touched the highest since November while Treasuries held gains that...
Emerging Currencies Strengthen on Scant Signs of Trump Stimulus Emerging-market stocks and currencies headed for the highest levels in 11 weeks as U.S. President Donald Trump’s...
Forex Weekly Outlook January 23-27 Last week, the US data showed inflation rate rose 0.3 percent in December, while industrial output rebounded from 0.7 percent to...
