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Naira Slips to N1,604/$1 Despite Market Optimism and CBN Reforms
17 Apr 2025 09:57 GMT
… local currency also weakened against other major global currencies, … stakeholders in the forex market remain cautiously optimistic about … intervention in the Nigerian Foreign Exchange Market (NFEM) has boosted … access to official FX channels, suggesting that …
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American Express Delivers Strong First-Quarter Results With Revenue of $17.0 Billion, up 7%, or 8% on an FX-Adjusted Basis
17 Apr 2025 11:24 GMT
… premium customer base. FX-adjusted revenue increased 8 … in this release, FX-adjusted information assumes a … currency translations into U.S. dollars (i.e., assumes the foreign exchange … value propositions, coverage, marketing, technology and talent), controlling …
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Numeral Partners with Argentex to Enhance Payment and FX Infrastructure
17 Apr 2025 10:06 GMT
… Group, a London-based currency risk management and alternative … to enhance its payments and foreign exchange (FX) infrastructure.
This collaboration allows … settlement accounts across multiple currencies and automating FX trade reconciliations.”
Featured …
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Interbank Rates Rise As CBN’s FX Sales Tighten System Liquidity
17 Apr 2025 11:09 GMT
… liquidity, attributed to recent foreign exchange (FX) sales by the Central … continuous effort to boost forex supply and stabilise the … across all tenors.
Key money market indicators also trended upward. … funding conditions in the market.
Despite the prevailing …
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Powell sends stocks lower despite "Big Progress" on US-Japan trade talks, ECB ahead - Newsquawk Europe Market Open
17 Apr 2025 08:15 GMT
… 34,000 status amid favourable currency moves and with US President … of 0.1% on Wednesday.
FX
DXY found reprieve from the … the ECB policy decision with money markets fully pricing in a rate … well as overseas economic and market developments, are among risks to …
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Debt market snapshot: RBI’s liquidity boost among other factors drive March movement
17 Apr 2025 09:30 GMT
India’s debt market reflected improved sentiment in March, … with its Open Market Operations (OMO) purchases along with Forex (FX) swaps to … led to a softening in market rates. The 10-year government …
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Stocks, currencies rise with trade talks, Turkey's rate decision due
17 Apr 2025 10:08 GMT
Emerging market currencies and stocks edged higher … emerging markets index edged up 0.8% and a currencies gauge … additional inflationary pressures, keeping the currency attractive to investors," … said Frantisek Taborsky, EMEA FX & FI Strategist at …
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Emerging-Market Stocks Gain on Progress in Japan-US Trade Talks
17 Apr 2025 10:06 GMT
… tracking gains in global markets as trade talks between the … in a month. In currencies, the MSCI gauge was … well under control,” Commerzbank FX analyst Tatha Ghose wrote in … large interventions in the foreign currency markets are “obviously not sustainable.” …
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Trade Talks Progress Calms Markets After Hawkish Powe
17 Apr 2025 10:42 GMT
… Ahead of Easter Break
Market spirits improved on Thursday … reports that Japan’s FX policy will likely be … easing concerns about accusations of currency manipulation.
Euro Softer Ahead … mixed picture from equity and currency markets, the improved mood was …
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The Next Leg Lower in the Stock Market May Have Just Begun
17 Apr 2025 10:43 GMT
… move lower in the equity market seemed pretty well telegraphed over … really comes down to the FX market telling us what happens because …