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210 posts

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Currencies

Currencies

Asia FX sinks on Fed, China woes; Aussie slides after RBA

By Press Room
November 7, 2023
2 Mins read
Currencies

Swiss National Bank advances with Phase III of Helvetia CBDC pilot program

By Press Room
November 6, 2023
1 Mins read
The Swiss National Bank (SNB) is progressing with its groundbreaking Helvetia Phase III pilot program, marking a significant shift from the testing…
Currencies

Dollar strength anticipated to continue despite potential headwinds

By Press Room
November 6, 2023
1 Mins read
Despite the usual end-of-year softening, the strength of the dollar, bolstered by US macro outperformance and a hawkish stance from the Federal…
Currencies

Russian finance ministry to increase deferred FX purchases in November

By Press Room
November 6, 2023
1 Mins read
(Reuters) – Russia’s finance ministry said on Friday it would increase the volume of deferred foreign currency purchases in the coming month…
Currencies

US dollar tumbles to six-week low after soft jobs data

By Press Room
November 6, 2023
3 Mins read
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday after data showed the world’s largest…
Currencies

Dollar extends drop, remains vulnerable after Fed steer

By Press Room
November 6, 2023
2 Mins read
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar extended its decline on Monday, having fallen by the most since…
Currencies

Dollar slips lower, continuing last week's selloff

By Press Room
November 6, 2023
2 Mins read
Investing.com – The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines…
Currencies

Naira devaluation hits cross-border trade as commodity prices surge

By Press Room
November 6, 2023
1 Mins read
The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to…
Currencies

Asia FX gains, dollar at 6-week low as Fed pause bets soar

By Press Room
November 6, 2023
2 Mins read
Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish…
Currencies

Nigerian Naira appreciates amid Central Bank's forex initiative and expected foreign currency influx

By Press Room
November 3, 2023
1 Mins read
In a significant turn of events, the Nigerian Naira has appreciated against the United States dollar, trading below N1,000 for the first…
Currencies

Dollar maintains strength amid global economic uncertainties

By Press Room
November 3, 2023
1 Mins read
The US dollar is forecasted to maintain its strength through the end of 2023, despite traditional weakness in the November-December period. This…
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