Explainer-What is pushing the Nigerian naira to record lows? By Reuters

[ad_1] © Reuters. FILE PHOTO: A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s naira is on the brink of breaching 1,000 per dollar after falling to an official record low of 999 last week, Refinitiv data showed,

Japanese Yen holds Friday gains, USD/JPY moves toward 149.60

[ad_1] Share: Japanese Yen rebounds after Tokyo inflation data increases bets the Bank of Japan (BoJ) will tighten policy.  The US Dollar loses traction after US inflation comes out in line with estimates. The USD/JPY remains in uptrend but price falling to key make-or-break trendline for short-term chart.  The Japanese Yen (JPY) has

Dollar Index Slides as PCE Data Declines in Line with Estimates

[ad_1] US Core PCE Key Points: MOST READ: Oil Price Forecast: WTI Rangebound as Demand Concerns Resurface. $80 a Barrel Incoming? Elevate your trading skills and gain a competitive edge. Get your hands on the US Dollar Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended

Japanese Stocks Rally: JPN225’s Surge and What Lies Ahead

[ad_1] Japan’s Nikkei Stock Average experienced a notable 1.3% surge, last trading at a solid 30,990. This surge in the Japanese index appears to be influenced by the positive performance of US stock index futures, which often serve as a harbinger of improved risk appetite in global markets. As traders keep a close watch on

Baker Hughes US weekly oil rig count 504 vs 502 prior

[ad_1] Oil rigs +2 Gas rigs -1 Total rigs 625 vs 624 prior Rig efficiency has certainly improved but it’s tough to imagine there will be any US production growth next year. This article was written by Adam Button at www.forexlive.com. [ad_2] لینک منبع : هوشمند نیوز