This decision aims to inject liquidity into the Investors & Exporters (I&E) foreign exchange market, according to a reliable source familiar with the matter.
The Nigerian Naira gained N1 to N419 against the United States Dollar on Tuesday at the Investors and Exporters Forex Window managed by the FMDQ. The...
Oil prices dropped on the back of growing concerns over the possibility of the US Federal Reserve raising interest rates and the surge in dollar value...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Federal Reserve Chairman Jerome Powell, testifying at his confirmation hearing on the Hill, soothed markets overnight in...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Seemingly, the sharp rise in US yields this week has sparked a move from growth to value,...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA An interesting start to the year, with Europe once again posting large gains on Tuesday as...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA You would be hard pushed to find a reason not to be in a jubilant mood as...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Omicron fears continued to fade overnight, in North America at least, propelling the S&P 500 and Dow...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA With Christmas upon us, I was pondering how the world has changed and what better place to...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA A cocktail containing better US Q3 GDP data, along with positive omicron headlines further inoculated financial markets...