The stabilizing economic conditions in Egypt almost three years after allowing its currency to float serves as a clear reminder to Nigeria that Egypt made the right decision. Today, when
Tag "Federal Reserve"
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
The federal reserve has lifted interest rates to their highest level since the financial crisis, but Dollar bulls are clearly unamused. Although on Wednesday, as widely expected, US interest rates
The NASDAQ composite index climbed to a fresh record after the release of Friday’s jobs report. The S&P 500 is 10 percent higher from the trough recorded on February 9,
It has been a painful week of trading for the dollar. The Greenback has essentially reversed its recovery from the
While the Dollar has turned slightly lower as trading for the new week has commenced, the major currency rebounded and
The global markets were noticeably indifferent during trading on Wednesday evening despite the dovish slant to the FOMC meeting minutes
The current outlook for the emerging market currencies is extremely weak and the chances are very limited for a meaningful,
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