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  1. Sterling was one of the headline stories of the...

    Sterling was one of the headline stories of the year with Brexit negotiations providing sharp swings in the pound at various stages during the year. In April, the pound was trading at 1.43 against...
  2. Forex today was somewhat subdued, with a...

    Forex today was somewhat subdued, with a correction in the dollar back towards the 96 handle pulling in the reigns of the high beta complex, weighing on the Kiwi and Aussie's outlook.
  3. The Central Bank of Nigeria has continued its...

    The Central Bank of Nigeria has continued its intervention in the inter-bank sector of the foreign exchange market by injecting another sum of $210m into the forex market.
  4. The loonie recovered almost 2.0% of its lost...

    The loonie recovered almost 2.0% of its lost value last week, registering its largest gain against the dollar in four months but the currency is waiting another test this week as the Bank of Canada...
  5. The dollar eased against some of its peers on...

    The dollar eased against some of its peers on Wednesday, as hopes of progress in the Sino-U.S. trade dispute boosted commodity-linked and riskier currencies.
  6. The pair bounced higher from the 1.13 region in...

    The pair bounced higher from the 1.13 region in the Thursday’s session reaching towards the 1.14 level. Until the pair crosses above the 1.15 level and 200 Day EMA, selling pressure will continue....
  7. Forex risk is, by definition, the fluctuation of...

    Forex risk is, by definition, the fluctuation of value in one currency (the numerator “base” currency) versus another (the denominator “quote” currency). In short, you adopt a directional bet on the...
  8. The dollar index, a gauge of its value versus six...

    The dollar index, a gauge of its value versus six major peers, stood at 95.96 at 0406 GMT Monday.
    The Australian dollar, often considered a barometer of global risk appetite, rose 0.2 percent.
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    As the country moves forward with its many...

    As the country moves forward with its many development and commercial projects, there have been increased payments made in foreign exchange for a host of imports, which have left the banks scrambling...
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    US dollars and Kenyan currency on display at a...

    US dollars and Kenyan currency on display at a forex bureau in Nairobi. Central banks in the region have raised concerns over illegal forex trading. PHOTO FILE | NMG
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    Eurozone consumer prices rose at a...

    Eurozone consumer prices rose at a slower-than-expected pace in December, increasing expectations that the European Central Bank will keep interest rates unchanged.
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    Macro2018 was a phenomenal year for the U.S....

    Macro2018 was a phenomenal year for the U.S. dollar. The trade weighted Dollar Index appreciated nearly 5% and is up more than 9% from its low in February. Emerging market currencies were hit the...
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    Forex trading, which is the act of exchanging...

    Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Today, the forex market is one of the biggest, most liquid and...
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    The dollar erased losses to hit a session high...

    The dollar erased losses to hit a session high against a basket of currencies on Friday, after data showed U.S. job growth surged in December, which could help to allay a recent surge in fears about...
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    An even sharper jump from 2018 to 2019 was...

    An even sharper jump from 2018 to 2019 was expecting the GBP/USD, which lost on January 2, due to increased demand for the dollar, more than 400 points. Then, just as in the case of the European...
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    The main trend is up according to the daily swing...

    The main trend is up according to the daily swing chart. The trend turned up on Friday when buyers took out the previous swing top at .6726. The new main bottom at .6591 is also a closing price...
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    A currency pair is a quotation for two different...

    A currency pair is a quotation for two different currencies. It is the amount you would pay in one currency for a unit of another currency. For instance, when a trader is quoted EUR/USD 1.13 it means...
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    The U.S. dollar climbed against the euro and...

    The U.S. dollar climbed against the euro and sterling on Wednesday, starting the new year on a strong footing, but edged lower against the safe-haven Japanese yen as investors remained wary of...
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    A revenue warning from Apple Inc (AAPL.O) rocked...

    A revenue warning from Apple Inc (AAPL.O) rocked equity markets around the globe on Thursday as concerns over the damaging China-U.S. trade battle and its impact on world economic growth boosted...
  20. As the country moves forward with its many...

    As the country moves forward with its many development and commercial projects, there have been increased payments made in foreign exchange for a host of imports, which have left the banks scrambling...
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