Pound Gains After Solid Manufacturing Growth The British pound climbed against the US dollar after a data showed manufacturing sector grew faster than projected in July....
Euro Halts Bullish Rally as Traders Eye $1.1850 Resistance The euro plunged for the first time this week against the US dollar as traders refrained from...
Foreign Reserves Near Three-month High at $30.8b The foreign exchange reserves have risen to an almost three-month high of $30.74 billion, latest Central Bank of Nigeria...
Naira Closes Lower Despite Intervention, N365/$ The Nigerian Naira closed lower against the United States dollar on the parallel market on Monday, despite the Central Bank...
Forex Weekly Outlook July 31- August 4 The US economic data showed the economy is healthy and expanded 2.6 percent in the second quarter. However, the...
CBN Sells $462m to Boost Forex Market In an effort to further boost business activities, the Central Bank of Nigeria on Friday sold another $462,336,426.74 to...
Fed Says Balance-Sheet Unwind to Start ‘Relatively Soon’ Federal Reserve officials said they would begin running off their $4.5 trillion balance sheet “relatively soon” and left...
Euro’s Rally Is Looking Extreme When You Examine the Technicals While it may not be apparent at first glance, the euro is beginning to show signs...
Dollar Drops, Asia Shares Jump While Europe Swings The dollar sank and Treasuries climbed after the Federal Reserve signaled that inflation remains persistently below its target...
ECB’s Mersch Says Stimulus Still Needed to Bolster Reflation The European Central Bank can be more “assured” about meeting its inflation goal, but it’s still too...
