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Hope rises for naira over forex backlog clearance, improved reserves
25 Mar 2024 12:04 GMT
Nigeria’s currency, the naira, is riding on waning demand for the United States’ dollar occasioned by recent comprehensive strategy by the Central Bank of Nigeria (CBN), to sustain significant gains across market segments in the last trading days, Business …
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FOREX-Intervention threat curbs dollar's charge to new high on the yen
25 Mar 2024 06:43 GMT
The dollar was on the front foot on Monday and kept the yen pinned near a multi-decade low, though the threat of currency intervention from Japanese authorities prevented the greenback from heading further north. The yen was slightly higher on the day and …
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FOREX-Intervention threat curbs dollar's ascent towards new high on the yen
25 Mar 2024 01:09 GMT
The dollar was on the front foot on Monday and kept the yen pinned near a multi-decade low, though the threat of currency intervention from Japanese authorities prevented the greenback from heading further north.
The yen last stood at 151.25 per dollar, …
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BREAKING: Daily FX turnover jumps to record $857 million as Naira gains momentum
28 Mar 2024 18:57 GMT
… Bank implemented its new forex policies.
This is also … daily average forex turnover.
Why this matters: Forex turnover is … and vibrancy of the forex market.
High turnover rates … selling currencies, which can signal investor confidence and economic stability …
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How should one invest Rs 1,00,000 in this market? Religare Broking CEO Gurpreet Sidana explains
28 Mar 2024 06:49 GMT
… change in their fundamentals, which signals a caution.
The recent correction … GDP growth and growth in forex reserves has been a few …
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Aussie yawns after inflation remains unchanged at 3.4%
27 Mar 2024 15:42 GMT
… stance and is yet to signal that it plans to reduce … on MarketPulse, an award winning forex, commodities and global indices analysis …
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Most Traders Lose Money to Clone Brokers than Other Online Scams: Survey
27 Mar 2024 14:07 GMT
… with online scams.
Dedicated Forex cloud solutions with stable … scenarios. Alibaba Cloud helps Forex traders to operate securely … of legitimate brokers and signal providers are also rampant. … still participate here.
Dedicated Forex cloud solutions with stable …
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Crawling peg in exchange rate deferred
27 Mar 2024 01:42 GMT
… a need for the green signal from government coordination council, … up following volatility on the forex market since the beginning … is to facilitate market-based forex market. Now the dollar … intermediate measure to stabilize the forex market and raise the …
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US Dollar in Holding Pattern; Key Tech Setups on EUR/USD, USD/JPY, GBP/USD
27 Mar 2024 01:49 GMT
… Yen Outlook - Market Sentiment Signals for EUR/JPY, GBP … a clearer picture emerges.
While Forex trading will continue, but it …
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USDJPY hits three-year high amid market uncertainty
25 Mar 2024 23:07 GMT
… bearish indicator, this pattern might signal an impending reversal from the … investment and trading decisions.
However, forex trading carries significant risks and … these risks and possible losses. Forex participation requires careful assessment of …