Lukman Otunuga, FXTM research analyst, says the naira will not benefit from a weakening dollar if oil prices keep declining at an alarming rate. The dollar dropped into the negative
Tag "Jerome Powell"
Dollar bulls were injected with a renewed sense of confidence on Tuesday after Federal Reserve chairman, Jerome Powell, struck a careful but fairly upbeat tone during his congressional testimony. Powell
Despite a relatively hawkish statement from the federal reserve on Wednesday, the dollar edged lower against its major peers early Thursday. The assessment of economic activity seemed to have given the green