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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 ...
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 ...
Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the ...
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 ...
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 ...
They have now also roiled a normally staid corner of financial markets, with major potential implications for the future of the US dollar and the global economy. Since Friday, Taiwan’s currency ...
Nigeria’s currency, the naira, appreciated against the US dollar at the official foreign exchange market on Monday, closing at N1,597.7/$1, ...
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.
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 ...
US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent ...
Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, according to one market veteran. Since late 2022, Stephen Jen, chief executive ...
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