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Investors are right to be concerned that the wild swings in the global currency market seen over the past few days could ...
Now Donald Trump’s return to the White House has jolted currency markets back to life. In April a measure of the volatility ...
The naira appreciated by N5.72 across foreign exchange (FX) markets after trading on Monday. The dollar was quoted at N1,600.43, marking a gain of 0.4 per cent compared to N1,606.15 seen on Friday at ...
Nigeria’s currency, the naira, appreciated against the US dollar at the official foreign exchange market on Monday, closing at N1,597.7/$1, ...
Taiwan’s dollar surged the most since 1988 as traders speculated that authorities might allow it to appreciate to help reach ...
Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the height of fear during the Covid-19 pandemic. Welcome to Donald Trump’s second ...
Currencies across the Asia-Pacific region surged against the dollar Friday, bolstered by signs of possible thawing trade tensions between Washington and Beijing. The Taiwan dollar gained more than ...
Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum ...
US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent ...
Forex trading involves buying and selling currencies on the global, decentralized, over-the-counter foreign exchange market. With daily turnovers averaging around $6 trillion, the forex market is ...
According to Dow Jones Market Data, this was the largest move on record for the currency pair going back to at least 2007. Other Asian currencies, like the South Korean won (USDKRW), also surged ...
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