Zenith Bank Takes Lead in Forex Allocation from CBN

Zenith Bank Takes Lead in Forex Allocation from CBN

Bank returns on the utilisation of foreign exchange bought by commercial banks from the Central Bank of Nigeria (CBN) last week have shown that Zenith Bank Plc with $ 23,006,130.65 reported the highest amount of forex purchased for its customers. The … Continue reading at thisdaylive.com

Forex scarcity: OPS loses N1.46trn in 6 months --KADCCIMA

KADUNA -- The Kaduna Chamber of Commerce, Industry, Mines and Agriculture, KADCCIMA, yesterday, said investors in various sectors of the economy were weighing the negative impact of the scarcity of foreign exchange on their businesses, noting that within … Continue reading at vanguardngr.com

Zenith Bank Takes Lead in Forex Allocation from CBN

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Forex technical analysis: AUDUSD gathers near the 100 day MA as RBA statement approaches

The RBA rate decision is due out at 10:30 PM ET/0330 GMT (today/tomorrow). The expectations are for no change in policy. Technically, the pair is sitting at a comfort level – I guess not surprisingly given the expectations. That is right at the 100 day … Continue reading at nasdaq.com

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FOREX-Yen gains as G20 offers little comfort; dollar resilient

NEW YORK, Feb 29 The yen rose broadly on Monday as investors sought its safety following a statement from the Group of 20 countries that offered no concrete action to address concerns about slow growth and low inflation. The Japanese currency has fully … Continue reading at reuters.com

Forex – Aussie holds steady, kiwi declines after disapppointing data

Investing.com – Investing.com – The Australian dollar held steady against its U.S. counterpart on Monday, while the New Zealand dollar moved lower after the release of disappointing data from both New Zealand and Australia. AUD/USD was steady at 0.7127. Continue reading at moneycontrol.com

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Forex Forecast: USD/JPY and USD/CAD risk to the upside, EUR/USD rangeplay

In today's Forex Forecast, Steven Woodcock, Senior FX Analyst for Plutus FX, joined Zak Mir on the Tip TV Finance Show to provide us with a Weekly Foreign Exchange Outlook. Tip TV is a daily live finance video show, created for the financial trading … Continue reading at fxstreet.com

Forex: Don't select a broker without asking these questions

You are determined to test your fortunes in trading. Selecting a broker wisely is one of your most important responsibilities as a trader. And, what do you think is the most practical way of selecting a broker forex trading? The experts believe that … Continue reading at countingpips.com

Zenith Bank Takes Lead in Forex Allocation from CBN

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GBPNZD Forex Forecast - Resistance at 2.1500?

GBPNZD has been trending lower on its longer-term time frames and zooming in to the latest move shows a possible pullback entry. Price has been moving below a descending trend line and a test of the resistance might take place soon. At the moment, GBPNZD … Continue reading at forexminute.com

China central bank deflects concerns over forex reserves

China still owns the world’s largest currency reserves but has been burning through them at such a pace that some economists and foreign exchange professionals have been questioning how low can they go before Beijing is forced to choose between fresh … Continue reading at uk.reuters.com

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