Yen backtracks after strong move higher…
The yen retreated on Tuesday, coming off its biggest one-day percentage rise since mid-July as the currency strengthened on comments from Japan's top central banker, while the U.S. dollar gained…
Dollar edges up ahead of inflation reading
The dollar edged up ahead of the key U.S. inflation report due later on Wednesday, while the euro fell from a one-week high in the previous session with traders cautious…
UPDATE 2-Euro zone bonds steady, markets increase bets…
Euro zone government bonds held steady on Tuesday even as money markets slowly increased their bets on another rate hike by the European Central Bank, if not necessarily at its…
Canadian dollar extends rebound from 5-month low
The Canadian dollar strengthened against its U.S. counterpart on Monday, adding to its recovery from a five-month low, as an increase in risk appetite weighed on the safe-haven U.S. dollar.…
Zloty Slide Sends Warning Across EU’s East on Rate Cut Risks – YAHOO!
The steep rout in eastern European currencies is raising speculation among market strategists that policymakers will have to slow their plans to ease monetary policy. The Polish currency dropped 0.3%…
Nigerian naira vs dollar: currency on edge ahead of another hike
The Nigerian naira remained on edge on Tuesday morning as investors waited for the upcoming interest rate decision by the country’s central bank. The official USD/NGN exchange rate stood…
Is Nigeria’s ecurrency enaira making progress?
It is more than six months since Nigerians got the news that the federal government has released the eNaira. Looking back, we see that the ecurrency has not really made…
Naira’s poor run against dollar
The Nigerian naira is finding it hard to move solidly against the dollar these past few days. It almost traded at 600 naira to the dollar at the parallel market…
Currency wars: Yuan continues to fall against the dollar
The Chinese yuan has had a bad run for a long time. But at no time has things got worse as it is right now. China is world's second largest…
List of banks in Nigeria limiting foreign currency spending on naira cards
Nigerians have now made it so that people in Nigeria who use naira atm cards will no longer be able to spend more than $20 or $50 with it online…