Wednesday, April 24, 2024
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Tag "Euro"

Euro slides to 20-year low, nears parity with dollar

    Euro slides to 20-year low, nears parity with dollar

The euro fell against the US dollar on Tuesday, edging closer to parity with the greenback for the first time in 20 years. By 10:20 GMT, the euro was down

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Nigeria inflation declines further in May ECB in focus

    Nigeria inflation declines further in May ECB in focus

In an encouraging development, Nigeria’s inflation has eased to 11.6% in May, the lowest level seen in more than two years. With consumer prices slowly edging closer to the Central

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Naira steady ahead of NFP report, Euro strengthens

    Naira steady ahead of NFP report, Euro strengthens

The Naira was steady against the Dollar ahead of the hotly anticipated US jobs report scheduled for release this afternoon. With the pending US jobs report potentially impacting Fed rate

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Euro pressured by political jitters

    Euro pressured by political jitters

The Euro found itself vulnerable to losses on Monday morning, thanks to heightened political drama in Spain. Jitters over the Catalan developments were felt across the board, after Prime Minister Mariano Rajoy

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Markets mixed as investors tread carefully

  Markets mixed as investors tread carefully

The Greenback was under pressure on Tuesday with prices finding comfort near a six-month low against a currency basket as political turmoil

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Dollar on standby ahead of NFP

  Dollar on standby ahead of NFP

The ever-rising expectations of the Federal Reserve raising US interest rates in March have made the Greenback king this trading

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Central bank surprise places euro on chaotic ride

  Central bank surprise places euro on chaotic ride

The euro/dollar was exposed to extreme levels of volatility during trading on Thursday following the European Central Bank’s market shaking

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Naira gains, now exchanging for 468/$1

  Naira gains, now exchanging for 468/$1

The naira appreciated against the dollar at the parallel market on Tuesday, closing at N468 to a dollar. According to NAN,

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Draghi disappointment propels euro higher

  Draghi disappointment propels euro higher

The euro was flung onto a chaotic rollercoaster ride on Thursday following the European Central Bank’s decision to keeping its

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Naira bounces back after days in ‘recession’

  Naira bounces back after days in ‘recession’

The naira opened strong on Monday, recovering from last week’s record low of N425 per dollar at the parallel market.

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