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    Pound Recovers Despite No-Deal Brexit Fears
    BizWatchNigeria.Ng

    BizWatchNigeria.Ng

    All Your Industry News At a Click

    • FEATURES
      • Are You On Track To Achieve Your 2021 Goals?

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        Time To Improve The Nigerian Food Plate

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        3 Essential Elements of a Protein-Centred National Nutrition Policy

        3 Essential Elements of a Protein-Centred National Nutr...

        HoldCo Status in the Nigerian Banking Industry

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        Get Rid Of The Malware On Your Smartphone

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      • The Year 2020 And Economic Outlook Of 2021

        The Year 2020 And Economic Outlook Of 2021

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        COVID-19: Developing Countries Struggle To Rebuild Economy

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        Making Sense of A Manual ‘Digital’ Directive

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        Did Shutting The Borders Solve Anything?

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    Euro

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    Pound
    August 7, 2019070

    Pound Recovers Despite No-Deal Brexit Fears

    The British pound rebounded on Tuesday to hold above recent lows, although it remained vulnerable as traders still worry that Britain is headed for a

    Read More
    Sterling
    August 6, 2019070

    Sterling Hits 23-Month Low As No-Deal Brexit Worries Grow

    Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears of a disorderly Brexit grew. After th

    Read More
    Dollar
    August 1, 2019083

    Dollar Steadies As Market Braces For Fed Policy Shift

    The dollar was virtually flat on Wednesday morning ahead of what is widely expected to be the Federal Reserve’s first interest rate cut since the 2008

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    Sterling
    July 31, 2019079

    Sterling Tumbles Further As PM Pledges Brexit ‘No Matter What’

    Sterling tumbled towards $1.21 and tanked to a 2-1/2-year low against the yen on Tuesday as growing concerns about chances of a disorderly Brexit led

    Read More
    Naira Declines Further As Dollar Sells For 478
    July 31, 2019072

    Dollar Stalls Ahead Of Fed Meeting

    The dollar lacked direction on Tuesday as traders held off on making big moves ahead of the Federal Reserve meeting concluding Wednesday, at which pol

    Read More
    Sterling
    July 27, 2019055

    Sterling Slips As EU Says Brexit Deal Only Possible One

    The British pound weakened on Friday, weighed down by European Commission President Jean-Claude Juncker’s telling Britain’s new prime minister, Boris

    Read More
    Dollar
    July 27, 2019074

    Dollar Surges On Solid U.S. Growth Data

    The dollar climbed to two-month peaks on Friday and was on pace for a second straight weekly gain after data showed the world’s largest economy slowed

    Read More
    Dollar
    July 16, 2019054

    Dollar Modestly Higher In Thin Summer Trading; Upside Limited

    The dollar was little changed to slightly higher on Monday in thin summer trading, with the greenback’s upside potential hampered by expectations the

    Read More
    sterling
    July 16, 2019075

    Sterling Bounces Back on Weak Economy, Brexit Worries

    The British sterling fell back towards six-month lows against the dollar and the euro on Monday, with traders still nervous about a loss of momentum i

    Read More
    Naira Declines Further As Dollar Sells For 478
    July 13, 20190188

    Dollar Slips For Third Day On U.S. Rate Cut Bets

    The dollar fell for a third straight session on Friday, still pressured by expectations the Federal Reserve will start cutting interest rates at a mon

    Read More
    Pound
    July 13, 2019073

    Pound Headed For Record 10-Week Of Losses

    The pound was set for a record 10th week of consecutive losses against the euro on Friday as weak data and the growing possibility of interest rate cu

    Read More
    Dollar
    July 12, 2019082

    Dollar Subdued as Data Fail to Damp Rate Hopes

    The dollar slipped to near a one-week low on Thursday after Federal Reserve Chair Jerome Powell’s bleak comments on the U.S. economy bolstered expecta

    Read More
    Dollar
    July 11, 2019068

    Dollar Weakens After Gloomy Powell Comments On U.S. Economy

    The dollar fell on Wednesday after Federal Reserve Chairman Jerome Powell struck a downbeat tone in congressional testimony, saying trade uncertaintie

    Read More
    Dollar
    July 9, 2019094

    Dollar Holds Near 3-Week High As Bets On Sharp U.S. Rate Cut Drop

    The dollar held near three-week highs on Monday, keeping its gains after last week’s strong U.S. jobs data lowered expectations for a sharp Federal Re

    Read More
    Dollar
    July 6, 2019070

    Dollar Surges On Strong Job Report

    The U.S. dollar gained against a basket of currencies to its highest levels in 2-1/2 weeks on Friday after data showed that U.S. job growth rebounded

    Read More
    Sterling
    July 6, 2019058

    Sterling Sinks To 2019 Low After Run Of Poor Data, Yield Collapse

    The British sterling hit a six-month low on Friday, having lost more than 1% over the week against the dollar after poor economic data and a rise in e

    Read More
    Sterling
    July 5, 2019044

    Sterling Slips On Weak Data, Falling Yields

    Sterling held near two-week lows on Thursday after weak economic data and a global drop in government bond yields raised expectations that the Bank of

    Read More
    Sterling
    July 4, 2019049

    Weak Economic Data, Rate Cut Expectations Dampen Sterling

    Sterling and gilt yields fell on Wednesday as economic data reinforced money markets’ view that the Bank of England would join its central bank counte

    Read More
    CBN Orders Switches To Halt Payment of Naira Transfers into Dom Accounts
    June 27, 2019070

    Ahead Of G20 Summit, Dollar Bounces On Fed Comments

    The dollar bounced from a three-month low on Wednesday as traders dialed back expectations of aggressive interest rate cuts from the U.S. Federal Rese

    Read More
    Pound
    June 26, 2019063

    Pound Rise Capped As Johnson Says He’s serious On No-Deal Brexit

    Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, though the risk of no-deal Brexit stemming from the Conservative Party

    Read More

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    Pound Rise Capped As Johnson Says He’s serious On No-Deal Brexit
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