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6h
Legit.ng on MSNWhy the naira's value dropped in the FX market despite an increase in oil productionThe Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, as dollar demand rose in the FX market.
Investors in Argentina began to anticipate a subtle policy change as President Javier Milei seemed to ease his control of how ...
4h
Legit.ng on MSNBig Win for CBN as Naira to Dollar Exchange Rate in Official, Black Market Nears ConvergenceThe Central Bank of Nigeria strategy to defend the naira has worked as there is now possibility of convergence between the official, black market exchange rate.
If President Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would ...
Markets may be underpricing U.S. tariff risks as global trade tensions rise and currencies react. See why investors should ...
Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event ...
T he foreign exchange market is the most actively traded market in the world. More than $5 trillion are traded on average every day. By comparison, this volume exceeds global equities trading ...
The euro sank to a three-week low on Monday amid President Trump's tariff threats, sparking muted market reactions. Cautious ...
It is quiet in foreign-exchange markets. Maybe too quiet. All the action has been in stocks this year, as any bored foreign-exchange trader will tell you. The market is usually a hub for raucous ...
When a currency’s value plunges at its fastest pace in 20 years, who’s trading during the commotion? A new data set based on millions of foreign exchange transaction records attempts to shed ...
Foreign exchange traders look at the various factors that influence local economies and rates of exchange, and then take advantage of any misevaluations of currencies by buying and selling in ...
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