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FOREX dollar stayed pinned near 6-1/2-month lows on Wednesday

FOREX dollar stayed pinned near 6 1/2 month lows on Wednesday picture-12795-300x165

  FOREX dollar stayed pinned near 6-1/2-month lows on Wednesday, investors’ focus shifting from U.S. politics to monetary policy after comments from a Federal Reserve official rekindled expectations of an interest rate hike next month. That could temper expectations from the Fed for a June hike, although the Fed noted …

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Investor anxiety ahead of Trump-Xi meet cap DXY gains

Investor anxiety ahead of Trump Xi meet cap DXY gains picture-12002-310x165

Dollar turns positive against yen in European trade* Investor anxiety ahead of Trump-Xi meet cap DXY gains* Czech crown implied vol. For Reuters Live Markets blog on European and UK stock markets see reuters://realtime/verb=Open/url=http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageId=livemarkets (Additional reporting by Tokyo markets team; editing by Mark Heinrich) The greenback turned positive in morning …

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(CBN) refuted declining sale of foreign exchange to customers

(CBN) refuted declining sale of foreign exchange to customers picture-11805-310x165

Gwadabe, who is also the President, Association of Bureau De Change Operators of Nigeria (ABCON), said recent depreciation of naira could be traced to speculators’ onslaught and resistance by the banking industry. A financial expert, Alhaji Aminu Gwadabe, has blamed the Central Bank’s knack for last minute solution for the …

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US dollar also rise 0.4 per cent against the yen

US dollar also rise 0.4 per cent against the yen picture-11718-310x165

The US dollar strengthened against most major currencies in midday trading after being flat to lower earlier in the day. The US dollar also rose 0.4 per cent against the yen and gained 0.7 per cent against the Swiss franc as safety buying unwound and the US dollar strengthened. Fed …

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The Pound to Canadian Dollar exchange rate has risen 0.46%

The Pound to Canadian Dollar exchange rate has risen 0.46% picture-11671-300x165

EUR USD Data Releases 27/03/20170 8:00 EUR German Ifo Business Climate MAR 29/03/20170 6:45 EUR French Consumer Confidence MAR 08:00 EUR Italian Business Confidence MAR More concretely, Monday’s German confidence scores are expected to stagnate or dip in March, while minor gains are predicted for Thursday’s Eurozone confidence stats. Eurozone …

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