A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provided a broader boost to global investor confidence, helping the dollar gain against the safe-haven yen. Factory activity in China unexpectedly grew for the […]
The NZDUSD opens higher at 0.6821 this morning. The NZDUSD was pushed back above the 0.6800 level overnight after mixed US retail sales data hurt the USD. US retail sale for January rose 0.2%, comfortably beating expectations of 0.0%, however, […]
The US and China are edging closer to resolving differences on currencies that have bogged down economic talks for nearly two decades. The only question is how meaningful the deal will be. With both nations inching towards a trade agreement that’s expected to include […]
President Muhammadu Buhari John Ameh, Katsina President Muhammadu Buhari has expressed worry over the huge sums of foreign currencies, which he claims, are being circulated in the country ahead of Saturday’s presidential and National Assembly elections. A State House statement […]
