Browsing: US DOLLAR

US Dollar Inflows to Nigeria’s FX Market Climbs by 53% As foreign investors’ confidence continue to rise, the volume of…

Nigerian US Dollar Bond Yield Dips by 10bps to 9.3% The Nigerian US dollar bond yield dipped by 10 basis…

US Dollar Rises Ahead of FOMC Announcement The US dollar rose against its major trading partners early Wednesday, except for…

US Dollar Rises Ahead of December Employment Data The US dollar rose against its major trading partners early Friday, except…

US Dollar Rises Against Sterling, Euro Ahead of FOMC Minutes The US dollar rose against its major trading partners early…

China’s Foreign Exchange Reserves Drop to $3.2024 Trillion China’s foreign exchange reserves totalled 3.2024 trillion U.S. dollars at the end…

U.S Inflation Rate Climbs to 2.7% in November US consumer inflation climbed for a second consecutive month in November, according…

The US dollar rose against its major trading partners early Wednesday before a quiet data schedule for the remainder of the day that includes only weekly petroleum stocks data.

Prices of crude oil decline over rising U.S dollar. The global commodity market trading bearish ahead of US Federal Reserve (Fed) Chairman Jerome Powell speech. The U.S Fed chair is scheduled to speak on the economic outlook after inflation surge triggered caution markets temperature. Strong dollar has raised energy costs for major importers –China, US and India amidst geopolitical tensions.

The US dollar traded on a mixed note against its major trading partners in the forex markets on Wednesday—up versus the yen and Canadian dollar.