The Japanese Yen has been making a strong comeback against the US dollar over the last few weeks. Its strength is not unprecedented. It has been on a downward trajectory…
Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher U
GBP/USD Price Forecast: Calm Before the Storm for Pound
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GBP/USD Price Forecast - Calm Before the Storm for PoundIf you are thinking of trading in currency pairs, it is important to understand the basics of exchange rate forecasts. These…
Australian Dollar Tanks as US Dollar Roars Back to Life Ahead of RBA. Lower
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The Australian Dollar Tanks As US Dollar Roars Back to Life Ahead of RBAThe Australian Dollar Tanks as US Dollar Roars Back to Life Ahead of RBAThe Aussie dollar has…
Gold Price Outlook Now Turns to CPI Data as XAU/USD Flirts With Wedge Break
A recent break above resistance has triggered a newfound momentum in the gold price. Interestingly, this newfound uptick has been matched by a flurry of lower profile downside moves. This…
S&P 500 Price Update: US Equities Appear Upbeat Ahead of Major Event Risk
Magnifier and graph, basic tools of technical analysis on the stock market. Despite a flurry of corporate headlines, the S&P 500 rose 0.66% this week, which pushed its year-to-date gain…
Euro Breaking News: ECB Economic Bulletin Reiterates Economic Woes
During the annual European Central Bank meeting, policymakers met in a luxury golf resort in northwest Lisbon. They discussed the state of the economy and the need to tighten monetary…
German Dax Hits Highest Level in 23-Weeks While UK FTSE Recovers
Despite all of the negative news in the stock market over the past week, the German Dax is hitting a record high for the second time in the last 23…
How to start earning on exchange rates in Nigeria
If you want to make money from the exchange rate of the currency in Nigeria, you can use your knowledge of foreign currencies. This is a lucrative opportunity for people…
Trading on exchange rates this summer in Nigeria
As the official rate of the naira declines against the dollar, traders should keep an eye on the unofficial market for dollar value. The parallel market is volatile and unyielding.…
Forex and the global economic crisis in Nigeria
With the global credit crunch, the exchange rate in Nigeria will suffer. The country's reliance on foreign donor funds for development projects will suffer as well. As a result, revenue…