The U.S. dollar climbed against many of its rivals on Wednesday after breaking an eight-day win streak in the session before, as market participants digested reports surrounding Brexit, as well as updates from global central banks and myriad economic data, […]
The currencies of Kenya and Uganda are seen trading firmer while the currency of Nigeria is seen stable and the currency of Tanzania is seen as depreciating in the coming week.NIGERIAThe naira NGN= is seen stable next week after it […]
By Nikhil Nainan Jan 28 (Reuters) – A weaker U.S. dollar lifted Asian currencies on Monday heading into major market events including a Federal Reserve policy meeting and high-level U.S.-China trade talks. In its first meeting of 2019, the Fed […]
The NZDUSD opens at 0.6728 (mid-rate) this morning. It’s been a subdued start to the trading week with the US enjoying a long weekend however the NZD remains under pressure ahead of tomorrow morning’s inflation report. There was little reaction to […]
The mood across financial markets was mixed this week as investors tussled with Brexit drama, US-China trade developments and a partial government shutdown in the United States. Although a majority of emerging market currencies were supported by optimism over trade […]
