For years, I’ve heard that 90% of traders lose money trading, and they lose it to the 10% who are making money. More recently, it seems...
The naira weakened to 330 against the United States dollar on Thursday, from 300 where it closed on Wednesday, foreign exchange dealers said. The local currency,...
Human rights activist lawyer, Mr. Femi Falana (SAN), has dragged the Central Bank of Nigeria (CBN) to court over forex liberalisation. In the suit filed before...
The yen’s climb this month has Japan’s second-biggest lender saying it could strengthen past 110 per dollar for the first time since Bank of Japan Governor...
Japanese stocks fell as the yen strengthened and Iran and Saudi Arabia doused hopes for a rebound in crude prices, sending global energy shares lower. The...
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...