China weakened the yuan reference rate by the most since August devaluation, citing the dollar gains post-brexit. The People’s Bank of China on Monday lower the...
Global financial markets were thrown into turmoil after the U.K. exit the world’s biggest market, the European Union. Pushing the pound to over 30-year low against...
The pound is making history as the U.K. looks destined for Brexit. Sterling slid by the most on record against the dollar, and reached its weakest...
When it comes to timing the Chinese equity market, stock trader Huang Weimin is hard to beat. The self-taught hedge fund trader gained more than 6,200 percent...
Japan’s Finance Minister Taro Aso on Tuesday said the government won’t just intervene in the yen’s gain without due diligence, but would respond to currency volatility...
Forex Weekly Outlook June 20 – 24 Global financial uncertainties continued this week, after data showed inspite of growing US economy the slowdown in job...
The International Monetary Fund weighed in once more with its thoughts on Britain’s referendum, warning the U.K. could slide into a recession if it quits the...
A potential U.K. exit from the European Union next week may have far-reaching implications for the $5.3 trillion-a-day currency market. Add to that list Japan’s currency...
Understanding Key Aspects of CBN’s New Forex Guidelines The Central Bank of Nigeria has been hailed by analysts for abandoning its Naira peg rate for...
Canada’s inflation rose at a moderate 1.5 percent annualized rate in May, down from 1.7 percent in April. That was short of economists forecast of 1.6...