Japan’s chief cabinet secretary has signaled Tokyo’s readiness to intervene in the market if the yen spikes out of line with fundamentals and defended the Bank...
The nation’s foreign exchange market recorded $327m worth of transactions on Monday, about six times more than its usual volume, the FMDQ OTC Securities Exchange, told...
The Fed effect reverberated through global markets, pushing the dollar up and commodities down as traders increased bets on higher borrowing costs in the world’s largest...
The US dollar snapped two week losing streak on Friday after Fed Chair Janet Yellen said the case for a rate hike is getting stronger. This...
The Nigerian Naira plunged to a record low against the US dollar on Sunday at the parallel market. The local currency was sold for 414 per...
The naira tumbled to 402 at the parallel market on Wednesday, a day after the Central Bank of Nigeria banned nine banks from the foreign exchange...
The US dollar rose against the Japanese yen on bets the Federal Reserve will increase interest rates later in the year. The dollar gained against the...
A gauge of the dollar rose for a fourth day as traders awaited Federal Reserve Chair Janet Yellen’s speech this week for clues on the path...
The naira closed firmer on the interbank market on Monday after the Central Bank of Nigeria sold dollars to some commercial banks towards the end of...
The dollar strengthened versus all of its major peers as hawkish comments from a Federal Reserve official boosted the likelihood of a U.S. interest-rate increase this...
