Apr 122020
 
AFRICA-FX-Zambia, Uganda, Nigerian currencies seen soft, Kenya's stable

The currency traded at 361 on the official market supported by the central bank. Traders said activity has increased on the naira futures market pushing …
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Gold Prices May Reverse, US Dollar Sinks as Fed Juices Wall Street

Focusing back on foreign exchange markets, the sentiment-linked Australian Dollar was the best-performing major currency. Friday's Asia Pacific …
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GBPUSD Gaining Traction

The British pound is appearing increasingly bullish against the US dollar currency as the pair attempts to gain strength above the 1.2400 level.
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EUR/USD Revealed Descending Trend

In this case the exchange rate could decline to the 1.0800 level. However, note that the currency pair is supported by the 55– and 100-hour SMAs near …
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