The dollar index, which gauges the greenback against a basket of six major rivals, was up slightly on the day at 93.830 , up 1 percent for the week. But it was still down 8.2 percent for a year...
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The dollar index, which gauges the greenback against a basket of six major rivals, was up slightly on the day at 93.830 , up 1 percent for the week. But it was still down 8.2 percent for a year...
Forex traders were also awaiting the closely watched U.S. non-farm payrolls report later in the day, which is expected to show 200,000 new jobs were created in November, according to a Reuters poll.
An agreement would remove the last obstacle for opening free-trade talks with the European Union. May is likely to meet European Union chief executive Jean-Claude Juncker before dawn (0600 GMT) in...
The euro inched down 0.1 percent to $1.1766, around its lowest levels since Nov. 22, as traders waited to see if British Prime Minister Theresa May has finally clinched an elusive deal with Irish and...
TOKYO, Dec 8 (Reuters) - The dollar edged up on Friday, on track for a weekly gain against a basket of currencies, as the passage of a bill to temporarily extend U.S. government funding raised...
* U.S. Congress passes bill to temporarily avert govt shutdown
* Nonfarm payrolls report seen showing 200,000 new jobs in Nov
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* Bitcoin takes a breather after setting record high...
The CBN had in June 2015 classified 41 items as “Not Valid for Foreign Exchange”, on the grounds that they could be produced in Nigeria and there was no rationale for depleting the country’s reserves...
The CBN was heavily criticised when the policy was announced. But the banking sector regulator maintained then that it was basically borne out of the need to conserve scarce forex, and make firms in...
The saying, “Necessity is the mother of invention,” which means difficult situations inspire ingenious solutions, can be fittingly used to describe the outcome of the Central Bank of Nigeria’s...
CBN’s policy that restricts access to foreign exchange for importation of 41 items is forcing manufacturers to look inwards, thereby boosting local manufacturing and conserving reserves, writes...
KINGSTON, Jamaica The US dollar on Friday, December 8, ended trading at J$125.82 up by one cent according to the Bank of Jamaica's daily foreign exchange trading summary.
Meanwhile, the Canadian...
USDRUB, "US Dollar vs Russian Ruble"
The USD/RUB pair is consolidating above 59.09. If later the instrument breaks this range to the upside, the market may continue growing towards 60.05; if to the...
AUDUSD, "Australian Dollar vs US Dollar"
The AUD/USD pair is still falling; it has reached the target and expanded the consolidation range. We think, today the price may test 0.7554 from below and...
USDJPY, "US Dollar vs Japanese Yen"
The USD/JPY pair hasn't been able to continue the correction; it has broken 112.69 upwards and reached the upside target. We think, today the price may...
USDCHF, "US Dollar vs Swiss Franc"
The USD/CHF pair has expanded the consolidation range upwards. Possibly, today the price may form another consolidation range around 0.9954. If later the...
GBPUSD, "Great Britain Pound vs US Dollar"
The GBP/USD pair is moving upwards. Possibly, the price may reach 1.3500. If later the instrument breaks this range to the upside, the market may grow...
EURUSD, "Euro vs US Dollar"
The EUR/USD pair has formed the consolidation range around 1.1792 and right now is trading to break it downwards. Possibly, the price may reach the local target at 1.1723...
Low volatility usually means that it is difficult for traders to make money, and if you are finding it hard to make any money in the major Forex currency pairs right now, it might be because there is...
What is the most important thing that this chart can tell us? That volatility is at historically low levels, with each major Forex currency pair on average fluctuating by only about 0.60% in value...
The chart below shows the ATR 15 (15-day average of price volatility) for the three major currency pairs, and the average of the three, over the last ten years. The three majors are EUR/USD, GBP/USD,...
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