Foreign Exchange Market News
Published: Fri, 24 Mar 2017 07:26:00 GMT
Want to hit it big in forex market? Trade well, rather than often
Needless to say, one should deal only with reputable forex brokers. Unfortunately, in the early days of online forex trading, fraud was an all-too-common problem. Great efforts have been made to clear out unscrupulous brokers, but you must still ...
Published: Thu, 23 Mar 2017 19:08:19 GMT
Published: Fri, 24 Mar 2017 12:47:59 GMT
Nigeria: Forex - Central Bank Injects Fresh $100 Million Into Interbank Market
Consistent with its pledge to sustain its intervention in the foreign exchange market to boost the inter-bank market and enhance the value of the Naira against other international currencies, the Central Bank of Nigeria, CBN, on Thursday injected ...
Business CBN Makes Fresh Intervention, Pumps $100m Into Forex Market
Published: Mon, 27 Feb 2017 12:05:18 GMT
China FX regulator says strengthening supervision of forex market
Pan Gongsheng, head of the State Administration of Foreign Exchange (SAFE), said that China's foreign exchange market was relatively stable and cross-border capital flows were becoming more balanced, according to a statement posted on its website.
UPDATE 2-China FX regulator says strengthening supervision of forex market
Published: Fri, 24 Mar 2017 06:21:40 GMT
Nigeria: Dollar Records Further Loss, Sells for N390 At Parallel Market
On Wednesday, when the dollar traded for N400, it marked the beginning of true convergence of official and black market foreign exchange rates. At the Foreign Exchange (FX) interbank market, the naira traded for N375 to the dollar for invisibles and ...
Dollar continues to crash as CBN policies affect BDC operators
Black Market Bleeds As CBN's Policy Crashes Dollar To N390/$
Naira sells at N400 to dollar
Published: Tue, 21 Mar 2017 15:39:43 GMT
CBN optimistic of rates convergence at FOREX market– Emefiele
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) says the apex bank is determined to see the convergence of rates at the foreign exchange market. Emefiele said this while fielding questions from newsmen at the end of the Monetary ...
Naira stays strong as CBN releases another $180m into forex market
'Access to forex, market regulations will aid foreign direct investments'
Forex: CBN To Strengthen Market With More Dollars
Published: Fri, 03 Mar 2017 04:04:45 GMT
China forex regulator aims to loosen controls in FX market
BEIJING China will create an open, competitive domestic currency market and should let a flexible exchange rate mechanism regulate the impact of capital flows and balance international payments, a deputy head of its foreign exchange regulator has said.
Published: Fri, 03 Mar 2017 20:16:17 GMT
How forex market became a gambling house in Turkey
Leveraged transactions on the foreign exchange market (forex) multiply earnings, but they can also deepen losses, especially for individual investors unversed in financial markets who tend to take high risks in the hope of making quick money. Until ...
Published: Tue, 21 Mar 2017 08:32:25 GMT
Exclusive: CFH Prepares to Target the US Institutional FX Market
Its been several months since Playtech acquired CFH Group in order to boost its financials division. The institutional business of the firm has gained substantial access to resources from the deal and the company might well use this leverage to ...
Published: Thu, 23 Mar 2017 01:00:02 GMT
Forex - Latam Summary & Highlights 22nd March
PERU: PEN gained 0.31% to close at 3.2409, on weaker DXY and seasonal demand for USD (tax payments), prompting the BCRP to buy US$143mn in the FX market, its largest in the year. 1y NDF implied rate was up by 8bp to 5.18%. 5y CDS was wider by ...
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