The US dollar on Wednesday edged higher against the yen and the euro as traders awaited the outcome of the Federal Reserve’s policy meeting later in the session, and uncertainty over upcoming trade negotiations still weighed on sentiment. DAILY POST reports that the Fed is… Dollar rises against yen, euro as Fed trade talks in … Read more
The US dollar was down on Friday but trimmed some losses against the euro and yen after data showed the world’s largest economy added more new jobs than expected last month, reflecting a labour market that remained on stable footing. The report reinforced anticipation that… US dollar tumbles against euro, yen …C0NTINUE READING HERE >>>>
The naira continued its appreciation against the dollar at the official foreign exchange market on Wednesday, marking its highest gain so far this week. Data from the Central Bank of Nigeria showed that the naira further firmed up to N1,596.68 per dollar on Wednesday from… Naira records highest gain against dollar on official market …C0NTINUE … Read more
Nigeria’s currency, the naira, continued its appreciation against the dollar at the parallel foreign exchange market on Monday. Exchange rate data shared by the National President of the Association of Bureau de Change Operators, Aminu Gwadebe, showed that the naira… Nigeria’s naira continues to appreciate against dollar in black market …C0NTINUE READING HERE >>>>
The Naira closed stronger on Friday in the official market, trading at N1,599.55 to the Dollar, ending a week marked by fluctuations. This recovery follows a period of instability, with the local currency experiencing several days of inconsistent performance. Advertisement Data from the… Naira strengthens after week of fluctuations …C0NTINUE READING HERE >>>>
The dollar on Friday headed for its first weekly gain since mid-March after China granted some tariff exemptions for US imports, raising hopes that the trade war between the world’s two largest economies may be closer to abating. DAILY POST reports that the US currency has… Dollar set to rise since March fall …C0NTINUE READING … Read more
The naira recorded appreciation against the dollar at both parallel and official foreign exchange markets on Wednesday. Exchange rate data from a Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan confirmed that the naira gained to N1615 per dollar on Wednesday… Naira records appreciation against dollar at black, official markets …C0NTINUE READING … Read more
Nigeria’s currency, the naira, depreciated against the dollar at the official and parallel foreign exchange markets upon the resumption of work after Easter holidays. The Central Bank of Nigeria’s data showed that it weakened to N1,602.63 per dollar on Tuesday from… Naira depreciates against dollar across official, black markets after Easter holidays …C0NTINUE READING HERE … Read more
The dollar on Tuesday marked a fresh low against the yen and hovered around multi-year lows versus the euro and the Swiss franc as the attacks of US President Donald Trump on the Federal Reserve raised concerns about the central bank’s independence. Debating on the… Dollar sinks as Trump’s attacks on Fed chief unsettle traders … Read more
The US dollar tumbled on Monday as investor confidence in the United States’ economy took another hit over President Donald Trump’s plans to shake up the Federal Reserve. On Friday, White House economic adviser Kevin Hassett said that the president and his team were… US dollar tumbles as Federal independence under threat …C0NTINUE READING HERE … Read more