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Daily Post Nigeria on MSNNaira records highest gain against dollar at black marketThe Naira has appreciated further against the Dollar at the parallel foreign exchange market. This comes as the Naira ...
U.S. President Donald Trump's initial tariff actions against Canada, Mexico and China sparked a rise in broad market ...
Currency investing is a well-established corner of institutional investing that has the potential to provide stable returns.
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Jens Nordvig, Exante Data Founder & CEO, joins 'Fast Money' to talk wild swings in the currency market of tariff news.
The currency market is primarily focused on one thing for now, and that is uncertainty about tariffs, said BofA Securities strategist Alex Cohen, who added that "all indications point to some formal ...
The BOJ raised rates last month and swap markets are already pricing in an about 75% probability of another increase as soon ...
Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased ...
Emerging market investors are turning increasingly wary of carry trades as the threat of tariffs from the Donald Trump ...
"These comments contradict the markets' tentatively sanguine assumption that tariffs would be more of a case-by-case measure... and not universal," said Francesco Pesole, foreign exchange strategist ...
In the currency market, the US dollar surged, with the Dollar Index gaining 0.85%. The Canadian dollar sank to its lowest in over 20 years. The euro was 1% lower. Meanwhile, the US dollar rose 1.5 ...
The Nigerian currency showed strength in the black market but dipped for the third consecutive time against the dollar at ...
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