Tag: FX Market

US Dollar Softens Ahead...

The United States (U.S.) dollar index fell below 101.6 on Wednesday, hitting its weakest levels in two months The post US Dollar Softens Ahead of Inflation...

Naira Steadies Against U.S...

Against United States (U.S) dominance, the naira traded steadied across foreign exchange (forex) The post Naira Steadies Against U.S Dollar Across FX Markets appeared first on MarketForces...

FOREX: EUR Edges USD,...

Foreign exchange rates move in favour of the Euro against the U.S. dollar in the market, Japanese Yen The post FOREX: EUR Edges USD, Yen Steadies appeared...

Dollar Plunges as Markets...

The United States dollar weakened against other major currencies as markets shift attention to debt ceiling The post Dollar Plunges as Markets Focus on Debt Ceiling Talks...

FX Swaps Account for...

Nigeria’s foreign reserves which printed at $35 billion, according to data from the central bank ... The post FX Swaps Account for 30% of Nigeria’s External Reserves...

Naira: Nigeria’s Foreign Exchange...

The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market The post Naira: Nigeria’s Foreign Exchange Rates Gap Collapses appeared first...

Dollar Slides Ahead of...

The United States (US) dollar falls after rising Monday on expectations for the Federal Reserve to raise interest rates The post Dollar Slides Ahead of US Inflation...

Naira Mixed as CBN...

Nigeria’s naira displays sideway performance, though it has reduced in value across foreign exchange markets The post Naira Mixed as CBN Deepens FX Market Intervention appeared first...

Naira Tumbles as Speculators’...

The Nigerian continues to nosedive across the foreign exchange (FX) markets as hope for recovery begins to look ... The post Naira Tumbles as Speculators’ FX Spread...

Dollar Weakens to 7-Week...

The United States (US) dollar falls to a seven-week low against a basket of currencies and is likely to stay weak The post Dollar Weakens to 7-Week...

Naira, Foreign Reserves Tumble...

The Nigerian Naira and the nation's gross foreign reserves nosedived amidst uncertainties in the economy The post Naira, Foreign Reserves Tumble on Higher Demand for FX...

Dollar Index Ticks Higher...

The Dollar Index (DXY) jumped 0.7% and will end the week up 1.3% at current levels, according to Dow Jones The post Dollar Index Ticks Higher...

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