Monday, February 22, 2016

How Forex Traders Can Trade With A Small Amount

You may feel as if you're at a disadvantage starting your trading career with a relatively small trading account. But, as we will look a...

Forex - Sterling extends losses, hits six-year low on Brexit worries

Investing.com - Investing.com – Sterling hit a six-year low against the dollar on Monday as worries surged over the possible British...

CBN Clarifies – Forex is Still Allowed for School Fees & Medical Bills

Even if it is still allowed, are the banks selling at official rates?? No be naija, the govt says 1 but the people still do their own thing ...

PBOC's Forex Data Change Creates Unnecessary Angst, Mizuho Says

The People's Bank of China should have explained the change [1] in its reporting of foreign-exchange holdings to avoid market specula...

High forex rate: We are all responsible

Forex trading AS I write, one United States dollar is trading for about 385 naira in the black market.  A year ago, it was selling for 16...

Forex Review: Global Inflation Update

Are consumer prices in the major economies seeing improvements now that oil prices are holding off from more losses? Let's take a look a...

Forex pairs build sturdy contracting triangles

EUR/USD 4 hour The EUR/USD has been going sideways during the last week and has not been able to break below the 50% Fibonacci level. A brea...

Forex - Yen gains in early Asia, Aussie dips in light regional data day

Investing.com - Investing.com - The yen gained in early Asia on Monday and the Aussie dipped in a fairly light regional data day ahe...

Sunday, February 21, 2016

FOREX-Sterling hit by 'Brexit' worries after London Mayor joins "out" camp

SYDNEY/TOKYO Sterling tumbled on Monday, hitting a two-year low against the yen, as concern grew that Britain would quit the European Un...

NZD: Long-term forecasting – BNZ

Jason Wong, Currency Strategist at BNZ, suggests that over the long-term the path of the NZD is largely driven by inflation differentials, a...

Forex - Chart USD/SGD Update: Starting the new week on a consolidative tone

22 Feb USD/SGD Daily 00::13 GMT - Starting the new week on a consolidative tone and need to push above the 1.4111 high set last week to he...

Executive insights: Manufacturing, forex situation and the Nigerian economy

The Nigerian Dream, if there ever were such a notion, is facing its greatest challenge in recent times. With a less than one-year-old govern...

Our children abroad are crying and we parents are also crying” Scarce Forex for School Fees Hits Hard

Punch [1] reports that the scarcity of foreign exchange is deeply affecting parents and children abroad. This February, the CBN and DMB...

FXCM with $192.7m Debt, No Guarantee of Deal Restructuring with Leucadia

Taking the unusual step of reporting after the close on a Friday last week was Leucadia National Corporation. Within the forex world, Leucad...

Forex Market: AUD/USD trading outlook for February 22nd

Friday's trade saw AUD/USD within the range of 0.7065-0.7164. The pair closed at 0.7150, shedding 0.10% on a daily basis. It has been ...

Devalue Naira now, FG Forex Policy Short-changing Nigerians, breeding corruption – Fayose

Ekiti State Governor, Mr Ayodele Fayose has called for the devaluation of the Naira, saying; "With the gap between the official rate of...

Forex Crisis: Nigerian Patients, Students Groan Abroad

Forex reserves • Mixed Reactions Trail Development • We Have Not Stopped Payments For Students, Patients, Says CBN NIGERIANS who travelled...

Latest gold, forex rates in UAE: Gold slips but only just

Gold eased on the last trading day of the week (Friday) as investors cashed in some of the previous day's 2 per cent gains. However, e...

Saturday, February 20, 2016

Forex crisis: Exchange rate now N400/ USD1 in parallel market

By Emeka Anaeto,   Economy Editor In what is becoming increasingly clearer, a cocktail of bad choices, incoherent policies made worse by i...

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