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CBL to resume foreign exchange services in January
02 Jan 2025 00:29 GMT
… announced it will resume processing foreign exchange requests starting Sunday, January 5 … $3.5 billion worth of foreign exchange requests.
The bank assured the … that dealings with the US Federal Reserve have had no impact on …
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Asia FX marks tepid start to 2025, yuan slips on weak PMI data
02 Jan 2025 09:43 GMT
… of rate cuts by the Federal Reserve in 2025, while protectionist policies … to offset this trend.
Asia FX nurses losses in 2024
Most …
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U.S. dollar forecast to stay strong on Taipei forex market in H1 2025
31 Dec 2024 14:02 GMT
Taipei, Dec. 31 (CNA) After soaring 6.24 percent against the Taiwan dollar in 2024, the U.S. dollar is forecast to stay on an uptrend in the first half of 2025 amid concerns over inflation in the United States, dealers said.
On Tuesday, the last trading …
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Asia FX set for yearly losses as strong dollar weighs; China factory data in focus
31 Dec 2024 10:33 GMT
Investing.com-- Most Asian currencies edged lower on Tuesday and headed for yearly losses as the dollar remained strong heading into 2025, while the Chinese yuan weakened after data showed the country’s factory activity expanding at a slower pace.
The US …
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Naira Depreciates As FX Market Faces Demand Pressure
31 Dec 2024 06:27 GMT
… pressures in Nigeria’s foreign exchange (FX) market, highlighting persistent … ₦132. The significant FX spread has fuelled speculative … clarity on U.S. Federal Reserve interest rate policies and … volatility in Nigeria’s FX market underlines the importance …
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USD / CAD - Forex Summary
30 Dec 2024 18:22 GMT
… A comprehensive overview of the Forex market for Monday, December … Commentary:
- Remarks from Federal Reserve officials could reinforce the USD … and AUD.
Summary
The forex market today is characterized … economic data and a hawkish Federal Reserve. The CAD/ …
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Ringgit weakens versus US$, higher against major currencies
03 Jan 2025 01:06 GMT
… could initially weaken all Asian foreign exchange (FX) currencies. He said the resilience … economy suggested that the US Federal Reserve (Fed) is likely to hold …
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Ukraine Latest: Weekly Digest for December 23-29, 2024
03 Jan 2025 00:16 GMT
… .5% in order to maintain FX market stability, preserve inflationary expectations … to an analysis from the Federal Reserve Economic Data. The report comes …
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Gold climbs to over two-week high on safe-haven demand; Trump’s policies in focus
02 Jan 2025 22:28 GMT
… out positions ahead of the Federal Reserve’s rate outlook and President … ,” Fawad Razaqzada, market analyst at Forex.com said, adding that a …
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Dollar Rises Against Major Counterparts After Jobless Claims Data
02 Jan 2025 23:47 GMT
… interest rate cuts by the Federal Reserve will be slow this year … seemingly provides support for the Federal Reserve's measured approach to … feedback contact: editorial@rttnews.com
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