Apr 052018
 
CBN Liquidity Mop Up to Persist as N262bn Hits Interbank Market

Last week, the CBN continued with its weekly forex intervention sales by offeringa total of US$545.43 million into the forex market. A breakdown of this showed that while in offered $210 million on Tuesday an additional injection of N335.43 million. For the $210 million, while $100 million was earmarked …
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Forex – Dollar Slips as Investor Confidence Returns

Investing.com – The dollar's momentum from Friday eased in morning trade in Asia Monday, with the US dollar index struggling to remain above the 90 handle amid news that North Korea might hold talks with the U.S. and halt nuclear testing helped boost market confidence while a U.S. plan to institute …
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BRAZIL: Ibovespa Breaks Losing Streak And Rises After US Wage Data

The locally traded U.S. dollar closed the trading session down 0.39%, quoted at R$ 3.252, after data showed that in February the average wage for the hour worked in the United States performed below the market forecast. The indicator lowers the chances that the United States Federal Reserve Bank …
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GBP/USD Forecast Mar. 12-16 – Hammond has the hammer

GBP/USD had a relatively narrow range of trading and eventually ended the week higher. The new budget is the main event in a week that will certainly see Brexit talk moving markets once again. Here are the key events and an updated technical analysis for GBP/USD. UK services PMI beat …
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