Tag: DXY
10-Year U.S Treasury Yield Settles Below 4.6%
10-Year U.S Treasury Yield Settles Below 4.6%The 10-year yield cleared at 4.596% on Friday, the largest one-week yield decline since Friday, Dec. 6, 2024....
CBN Defends Nigerian Naira With $37m Sold to Banks
CBN Defends Nigerian Naira With $37m Sold to BanksThe Central Bank of Nigeria (CBN) spent additional $37 million in exchange for equivalent amount in...
Oil Dips as U.S Dollar Hits 2-Year High on Rates Cut
The global commodities market saw a decline in oil prices as the US dollar rose above its two-year high following the Fed's rate cut. Brent declined around $72 per barrel while US WTI plunged below $69 per barrel as dollar gain overshadowed 25 basis points Fed funds rates cut.
U.S Dollar Rises Ahead of Sales, Inflation Data
The US dollar rose against its major trading partners early Tuesday ahead of the release of sales and consumer inflation
US Dollar Slides Against GBP, EUR Ahead of Data
US Dollar Slides Against GBP, EUR Ahead of DataThe US dollar fell against its major trading partners early Wednesday as markets face another busy...
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CBN Allots N655bn OMO Bills to Market Participants
CBN Allots N655bn OMO Bills to Market ParticipantsThe Central...
GCR Upgrades MTN Nigeria Ratings Outlook to Stable
GCR Upgrades MTN Nigeria Ratings Outlook to StableAfrican-focused rating...
Wike Seeks NASS Approval for FCT’s N1.78tr 2025 Statutory Budget
Wike Seeks NASS Approval for FCT’s N1.78tr 2025 Statutory...
CBN Cuts Interest Rate on 1-Year Nigerian Treasury Bills
CBN Cuts Interest Rate on 1-Year Nigerian Treasury BillsThe...