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Tag: currency

Categories Crypto Trading Tips

10 largest economies in Africa ranked by currencies

  • Estimated read time 2 min read
  • October 11, 2023

Business Insider Africa has done its bit to present the currencies of the top 10 largest economies in Africa ranked from best to worse. This ranking is not based on any other…

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Categories Crypto Trading Tips

Yen weakens as Japan continues shifting Currency Rhetoric

  • Estimated read time 2 min read
  • October 11, 2023

Japanese Yen is going up and down in the spectrum. It trading on a softer note in Asian session as the rebound witnessed yesterday begins to lose steam. The country’s Finance Minister,…

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Categories Crypto Trading Tips

Dollar rises as Pound slides to 6-month low

  • Estimated read time 1 min read
  • September 27, 2023

The dollar scaled a 10-month high on Wednesday, pushing the euro and sterling to six-month lows and keeping the yen deep in intervention territory, as the prospect of higher-for-longer U.S. rates gripped…

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Categories Crypto Trading Tips

Yen backtracks after strong move higher…

  • Estimated read time 1 min read
  • September 13, 2023

The yen retreated on Tuesday, coming off its biggest one-day percentage rise since mid-July as the currency strengthened on comments from Japan’s top central banker, while the U.S. dollar gained as investors…

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Categories Crypto Trading Tips

Dollar edges up ahead of inflation reading

  • Estimated read time 2 min read
  • September 13, 2023

The dollar edged up ahead of the key U.S. inflation report due later on Wednesday, while the euro fell from a one-week high in the previous session with traders cautious ahead of…

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Categories Crypto Trading Tips

UPDATE 2-Euro zone bonds steady, markets increase bets…

  • Estimated read time 2 min read
  • September 13, 2023

Euro zone government bonds held steady on Tuesday even as money markets slowly increased their bets on another rate hike by the European Central Bank, if not necessarily at its meeting this…

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Categories Crypto Trading Tips

Canadian dollar extends rebound from 5-month low

  • Estimated read time 2 min read
  • September 13, 2023

The Canadian dollar strengthened against its U.S. counterpart on Monday, adding to its recovery from a five-month low, as an increase in risk appetite weighed on the safe-haven U.S. dollar. The loonie…

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Categories Crypto Trading Tips

Zloty Slide Sends Warning Across EU’s East on Rate Cut Risks – YAHOO!

  • Estimated read time 2 min read
  • September 13, 2023

The steep rout in eastern European currencies is raising speculation among market strategists that policymakers will have to slow their plans to ease monetary policy. The Polish currency dropped 0.3% against the…

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Categories Crypto Trading Tips

Nigerian naira vs dollar: currency on edge ahead of another hike

  • Estimated read time 2 min read
  • July 25, 2023

  The Nigerian naira remained on edge on Tuesday morning as investors waited for the upcoming interest rate decision by the country’s central bank. The official USD/NGN exchange rate stood at ~800,…

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Categories Crypto Trading Tips

Is Nigeria’s ecurrency enaira making progress?

  • Estimated read time 1 min read
  • May 25, 2022

It is more than six months since Nigerians got the news that the federal government has released the eNaira. Looking back, we see that the ecurrency has not really made the impact…

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