Comercio Partners weekly markets round-up
Global Events As both delta and omicron variants sweep through the world with cases in nations like the U.S. averaging ...
Tag: Money markets
ABCON explains how to stop naira depreciation
Reopening of the BDC window for foreign exchange would crash the prevailing spike in the exchange rate.
U.S dollar sheds some gains, stimulus measures weaken the greenback
The U.S. Dollar Index dropped by 0.02% to trade at 95.090 at the time of this report.
Turnover at NAFEX market drops by 23% as exchange rate disparity rises to N84
The exchange rate disparity between NAFEX rate and back market rate widened by a whopping N84.
U.S dollar gains ground as currency traders turn to safe-haven asset
Analyst survey expects the dollar to weaken by about 2% to 94.1 by the second quarter of next year.
Greenback gains ground as global investors turn to safe haven assets
The U.S. Dollar Index gained 0.19% to 96.858 by 5.56 am local time on Friday.
U.S dollar gains against major currencies, U.S Fed warning limits upside
The U.S. Dollar Index tracks the American dollar against a basket of other major currencies.
Forex: U.S dollar gains strength, global geopolitical climate worsens
The American dollar continues to attract global investors and currency traders.
Forex: Dollar higher as new wave of virus causes risk aversion
Fears of a fresh wave of virus infection and renewed lockdown forced the dollar to edge higher.
Naira remains stable at the black market, Brent crude moves past $40 per barrel
The naira was strengthened as the commodity-based currency's major earnings, crude oil, remained above the $40 dollar mark
