The dollar made modest gains on Thursday, but it still faces the prospect of marking its most significant monthly decline in a year. This trend is...
The US dollar extended its decline, reaching the lowest level since early August as swap traders increased bets on a Federal Reserve interest rate cut as...
Global Markets React to Growing Confidence in Fed's Cautious Stance
Goldman Sachs Group Inc. strategists, led by Kamakshya Trivedi, predict a potential dimming outlook for the dollar in 2024. Despite the greenback’s current strength, up approximately...
The greenback is surging toward a three-month high, leaving traders contemplating the possibility of enduring high-interest rates. This surge comes just ahead of Federal Reserve Chair...
Traders Brace for Volatility as Major Central Banks Prepare for Key Meetings
Over 40% of deposits in Nigerian banks are now in United States (US) dollars, according to a report by the International Monetary Fund (IMF). The report...
