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230 posts

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Currencies

Currencies

Naira's value continues to plummet despite Central Bank of Nigeria's efforts

By Press Room
November 10, 2023
1 Mins read
Currencies

Asia FX muted, dollar strong as Powell downplays rate pause bets

By Press Room
November 10, 2023
2 Mins read
Investing.com– Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from…
Currencies

PBOC plans to enhance yuan internationalization and financial market liberalization

By Press Room
November 10, 2023
1 Mins read
The People’s Bank of China (PBOC) has reaffirmed its commitment to prudently internationalize the yuan and liberalize the financial market, as stated…
Currencies

US dollar faces pressure amid rising yields and commodity currencies strength

By Press Room
November 9, 2023
1 Mins read
The US dollar is showing signs of strain against commodity currencies, despite the rise in yields, indicating a market shift favoring growth…
Currencies

NZD/USD rebounds as US dollar weakens amid interest rate uncertainty

By Press Room
November 9, 2023
1 Mins read
The currency pair experienced a rebound from its weekly lows, trading higher near 0.5930 during the Asian session on Thursday, Nov 09,…
Currencies

NZD strengthens, GBP lags as U.S. crude oil stocks surge and Bitcoin reaches May high

By Press Room
November 9, 2023
1 Mins read
Today, as the North American trading session commenced, the New Zealand Dollar (NZD) demonstrated strength while the British Pound (GBP) lagged. The…
Currencies

GBP/USD exchange rate rebounds, GBP/EUR climbs amid economic uncertainty

By Press Room
November 9, 2023
1 Mins read
The exchange rate experienced a slight rebound on Thursday despite global cautious trading and enduring market volatility. The rate appreciated by 0.4%…
Currencies

Euro's recent gains vulnerable to looming Fed chair remarks

By Press Room
November 9, 2023
2 Mins read
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Currency markets were bracing for remarks from Fed chair Jerome Powell on Thursday, waiting…
Currencies

Dollar steadies with Fed chief Powell set to speak again

By Press Room
November 9, 2023
2 Mins read
Investing.com – The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains, but activity…
Currencies

Asia FX muted as China disinflation weighs, dollar steady

By Press Room
November 9, 2023
2 Mins read
Investing.com– Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese…
Currencies

Central Bank of Nigeria refutes cash scarcity rumors, affirms legality of old Naira notes

By Press Room
November 8, 2023
1 Mins read
Today, the Central Bank of Nigeria (CBN) addressed public concerns over the legitimacy of old Naira notes and rumors of cash scarcity….
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