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FOREX: EUR Edges USD, Yen Steadies
FX Market

FOREX: EUR Edges USD, Yen Steadies

Marketforces Africa - 0
Foreign exchange rates move in favour of the Euro against the U.S. dollar in the market, Japanese Yen
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Dollar Plunges as Markets Focus on Debt Ceiling Talks
News

Dollar Plunges as Markets Focus on Debt Ceiling Talks

Anthony Persuader - 0
The United States dollar weakened against other major currencies as markets shift attention to debt ceiling
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US Dollar Rises Amidst Debt Ceiling Standoff
FX Market

US Dollar Rises Amidst Debt Ceiling Standoff

Julius Alagbe - 0
The United States (U.S.) dollar recorded gains against the euro on Friday and was headed f
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FX Swaps Account for 30% of Nigeria’s External Reserves
FX Market

FX Swaps Account for 30% of Nigeria’s External Reserves

Marketforces Africa - 0
Nigeria’s foreign reserves which printed at $35 billion, according to data from the central bank ...
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Naira Reverses Trend over Tight Supply Side
FX Market

Naira Reverses Trend over Tight Supply Side

Julius Alagbe - 0
The Nigerian naira reverses uptrend against the United States dollar across the foreign exchange (FX) market
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Naira: Nigeria’s Foreign Exchange Rates Gap Collapses
News

Naira: Nigeria’s Foreign Exchange Rates Gap Collapses

Marketforces Africa - 0
The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market
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Dollar Slides Ahead of US Inflation Data Release
FX Market

Dollar Slides Ahead of US Inflation Data Release

Olu Anisere - 0
The United States (US) dollar falls after rising Monday on expectations for the Federal Reserve to raise interest rates
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Naira Mixed as CBN Deepens FX Market Intervention
FX Market

Naira Mixed as CBN Deepens FX Market Intervention

Julius Alagbe - 0
Nigeria’s naira displays sideway performance, though it has reduced in value across foreign exchange markets
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Naira Tumbles as Speculators FX Spread Hits 62%
News

Naira Tumbles as Speculators’ FX Spread Hits 62%

Julius Alagbe - 0
The Nigerian continues to nosedive across the foreign exchange (FX) markets as hope for recovery begins to look ...
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Naira Depreciates, Breaks Resistance FX Rate
Markets

Naira Depreciates, Breaks Resistance FX Rate

Julius Alagbe - 0
The Nigerian naira depreciated steeply after a huge foreign currency outflow from the nation’s external reserves ...
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