U.K. Leaves Rates Unchanged, May Not Cut Rates Further Inflation to Hit 2.7 Percent in 2017 The Bank of England (BoE) left interest rate unchanged at...
Yen Gains as Election Jitters Weigh on Stocks, Hit Mexican Peso Investors are becoming more jittery amid a tightening race for the U.S. presidency, spurring demand...
Dollar Falls as Fed Needs More Evidence for December Rate Hike The dollar dropped, extending the longest losing streak since July, as currency traders seeking a clearer...
December Fed Hike Odds Approach 80% as Traders Pivot to Payrolls Futures traders added to wagers that the Federal Reserve will tighten policy next month after...
Naira Extend Gains Against Dollar Across FX Markets The Nigerian Naira extended its gains against the US dollar across the foreign exchange market on Tuesday. The...
RBA keeps Interest Rates Unchanged as Strong Housing Market Outweighs CPI Reserve Bank of Australia Governor Philip Lowe kept interest rates unchanged, signaling he’s prepared to...
Yen Near Three-Month Low After BOJ Stands Pat, Delays Price Goal The yen was near a three-month low after the Bank of Japan maintained its monetary...
Power Firms Want Forex at Official Rate Power firms should be given preferential treatment with respect to foreign exchange, which is needed to procure equipment such...
Naira Appreciates as Manufacturers Lament Forex Scarcity The Nigerian Naira appreciated against the US dollar on the parallel market on Monday, even as the report of...
Nigerians in Diaspora Remit N23.5tr to Economy in Five Years In five years, Nigerians in the diaspora remitted to the Nigerian economy S77.06 billion (about N23.5...
