The yen gained as the weakest daily fix for the Chinese yuan in six weeks drove investors to Japan’s currency as a haven, while the pound...
PBOC Cuts Reference Rate The Chinese yuan weakened after the People’s Bank of China lowered its daily reference rate by 0.17 percent, the most in six...
The Australian dollar is nearing a resistance level it hasn’t breached since 2014, opening up prospects the currency will extend gains after its biggest daily advance...
Pound traders are expecting little respite from the currency’s volatility after U.K. Prime Minister David Cameron called a referendum on the nation’s European Union membership for...
The dollar’s weak start to 2016 is showing signs of a turnaround as doubts about the economic outlook fade, according to U.S. Bank Wealth Management and...
The Nigerian currency, naira, hit a record low on Thursday at the parallel market as demand for the US dollar surges. The local currency was exchanged...
Credit Suisse has turned bearish on the U.S. dollar versus the other two G3 currencies for the first time since the greenback’s scintillating rally began in...
The Naira declined N4 against the dollar on Monday in response to the intense scarcity of dollar in the market. Survey conducted at the parallel market...
The Central Bank of Nigeria (CBN) is currently proposing to replace Bureau De Change (BDC) operators with Travelex, a global foreign exchange dealer. According to the...
With the consistent issuance of open market operation bills by the Central Bank of Nigeria, the nation’s interbank overnight lending rate is expected to gradually inch...