Forex News

Nigeria’s naira hits record low of 980 per dollar on official market -Refinitiv data

Nigeria’s naira hits record low of 980 per dollar on official market -Refinitiv data

FILE PHOTO: A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File…
Kenyan shilling hits record low against US dollar, impacting markets

Kenyan shilling hits record low against US dollar, impacting markets

  On Tuesday, the Kenyan shilling fell to a historic low against the US dollar, with the Central Bank of…
Asia FX edges lower as dollar finds footing before more economic cues

Asia FX edges lower as dollar finds footing before more economic cues

  Investing.com— Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady before several major U.S.…
Dollar lower, but remains elevated after U.S. CPI release

Dollar lower, but remains elevated after U.S. CPI release

  Investing.com — The U.S. dollar edged lower in early European trade Friday, but remained near the previous session’s elevated…
US Dollar Rebounds on Strong Q4 Economic Indicators, Ends Pound’s Streak

US Dollar Rebounds on Strong Q4 Economic Indicators, Ends Pound’s Streak

  The US dollar, which had been weakening due to anticipated rate cuts in the midst of peak long-dated rates,…
Dollar edges lower ahead of key U.S. CPI release; U.K. GDP rose in August

Dollar edges lower ahead of key U.S. CPI release; U.K. GDP rose in August

  Investing.com — The U.S. dollar slipped lower in early European trade Thursday, hovering near a two-week low ahead of…
Sterling may lose premium amid UK’s shifting trade, says Morgan Stanley

Sterling may lose premium amid UK’s shifting trade, says Morgan Stanley

  Morgan Stanley has identified a potential risk to the sterling’s 5%-20% premium due to the persistent current account deficit…
Dollar flat ahead of release of Fed minutes, PPI data

Dollar flat ahead of release of Fed minutes, PPI data

  Investing.com — The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern…
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