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Dollar Hits Lowest Level from Fed’s Inflation Worries

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The dollar slumped on Thursday, October 12, after the U.S. Federal Reserve showed a more guarded view towards inflation, but that did not derail...

Euro Leaps for Fifth Consecutive Day, Hits Two-week High

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The European Single Currency, euro surged to a two-week high on Thursday, October 12, after a slew of strong data that supported a growing...

Dollar Flat Against Rivals Amid Doubts over Trump’s Tax Plans

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The dollar, on Wednesday, October 11, remained below a recent 10-week peak against major currencies, following speculations that President Donald Trump’s tax overhaul plan...

Euro Hits 12-day High As Political Tension Subsides

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The European Single Currency, euro, on Wednesday,October 11, held near a 12-day high as political tensions over Catalonia receded slightly. The euro was flat at...

Pound Sterling Trades Flat at $1.3202

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The British Pound Sterling was nearly flat at $1.3202, on Wednesday, October 11. Sterling had risen 0.5 percent overnight after stronger-than-expected British industry data...

CBN Pumps Fresh $195million into Forex Market

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The Central Bank of Nigeria, CBN, on Monday, October 9, released another $195 million tranche to the inter-bank foreign exchange market to boost liquidity. Acting...

Pound Appreciates after Strong UK Industry Data

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The British Pound Sterling surged on Tuesday, October 10, after British industry data beat forecasts, cementing expectations that the Bank of England will raise...

Euro Bounces to One-week Highs, Gains 0.4%

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The European Single Currency, euro, on Tuesday, October 10, soared to a one-week high, as investors added positions on hawkish overnight comments by a...

Pound Bounces Back With 0.5% Gain

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The British Pound Sterling bounced back on Monday, October 9, from its biggest weekly drop in a year as markets took heart from Prime...

Dollar Surges Near 10-week Highs over Strong Wages Data

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The United States of America dollar steadied close to its highest level in ten weeks on Monday, October 9, with strong U.S. wages data...

Pound Hits One-month Low, Heads for Worst Week in a Year

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British Pound Sterling, on Friday, October 6, dipped to its lowest against the dollar in a month as it headed for its worst week...

Dollar Set for 4th Week of Gains, Adds 0.1% Against Rivals

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The United States of America dollar surged on Friday, October 6, and is on track for its fourth consecutive week of gains as investors...
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