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Forex Ranking, Rating And Score Week 23

Forex Ranking, Rating And Score Week 23

Forex Ranking, Rating And Score Week 23

Welcome to my “Ranking, Rating and Score” article for the coming week, the article “Strength and Comparison” has also been published. When looking at the Top 10 in the Weekly Ranking and Rating list we can see that for the coming week the following … Continue reading at

Forex Market: GBP/BGN trading outlook for June 6th

Friday's trade saw GBP/BGN within the range of 2.4946-2.5376. The pair closed at 2.4987, plummeting 1.24% on a daily basis. It has been the 10th drop in the past 22 trading days and also the steepest one since January 15th, when the exotic cross fell 1.54%. Continue reading at

Forex Futures Speculators slightly increased bullish net position in US Dollar last week

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators increased their bullish bets in favor of the US dollar last week as … Continue reading at

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Latest gold, forex rates in UAE: Gold surges after US jobs data

Gold surged more than 2.5 per cent and saw its biggest one-day jump in seven weeks on Friday after US payrolls data fell well short of forecasts, boosting expectations that the Federal Reserve will stand pat on interest rates. Spot gold was up 2.55 percent … Continue reading at

Forex markets cautious ahead of key Non-farm Payrolls


It is Non-farm Payrolls day today and, as ever, there is an air of caution to the outlook on forex markets with the potential for this to be a crucial announcement. The markets will tend to consolidate in front of the announcement with subsequent … Continue reading at

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We're insulated from Nigeria's forex problem, says IHS

IHS Towers says it has not been hard hit by ongoing foreign exchange (forex) squeeze in Nigeria because it is a foreign direct investment (FDI) vehicle into the country. IHS co founder and Interim CEO, Mohamad Darwish, who spoke with ICT editors in Lagos … Continue reading at

Capt Amarinder Singh’s Son Summoned For Alleged Forex Violations

Former Punjab Chief Minister Amarinder Singh’s son Raninder Singh has been summoned by the Enforcement Directorate for alleged foreign exchange violation. The move comes on the heels of the allegations of corruption against Mr Singh and his family. Continue reading at

India's forex reserves dips marginally to 0.19 bn

New Delhi: India's foreign exchange reserves dipped marginally to $ 360.19 billion as on May 27, the Reserve Bank of India (RBI) has said. According to the foreign exchange data released by RBI, the foreign exchange reserves stood at $ 360.19 billion as on … Continue reading at

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Don't source forex from black market- Manufacturers advised

Nigerian manufacturers are groaning under strict forex access, yet there are companies that had mbibed the habit of using local materials for production. Today they are at advantage. Felix Aighobahi, Sales & Marketing Director, Euro Global Nigeria Limited … Continue reading at

* Sept. 7 (Bloomberg) — Masaaki Kanno, chief Japan economist at JPMorgan Chase & Co. in Tokyo, talks about the outlook for the Japanese economy, central bank monetary policy, and the yen.
The Bank of Japan kept borrowing costs and the size of its liquidity injections unchanged, taking a pause in monetary stimulus to monitor the yen’s moves and U.S. economic data after expanding a credit program a week earlier. Kanno also discusses Democratic Party of Japan presidential election. He talks with Mark Barton on Bloomberg Television’s “Global Connection.” (Source: Bloomberg)

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