Naira devaluation hits cross-border trade as commodity prices surge By Investing.com

© Reuters. The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to record high commodity prices. The situation has been particularly severe for traders dealing in rice and frozen poultry products at the Seme-Krake border in Lagos. The price of a 50kg bag

Week Ahead: highlights include China trade and inflation, RBA, UK GDP

MON: FOMC SLOOS, BoJ Minutes (Sep), BoC Market Participants Survey; Japanese Jibun Final Composite/Services PMIs (Oct), German Industrial Orders (Sep), EZ Final Construction/Services PMIs (Oct), UK Final Construction PMI (Oct), US Employment Trends (Oct). TUE: RBA Policy Announcement, EIA STEO; Chinese Trade Balance (Oct), EZ Producer Prices (Sep), US International Trade (Sep), Canadian Trade Balance

MUFG trade of the week: Going short USD/MXN, and short USD/SEK

USDMXN daily MUFG Research added 2 new trades to its TOTW portfolio. Short USD/MXN – (spot ref @ 17.400), Target @ 16.900 & Stop @ 17.800 and Short USD/SEK – (spot ref @ 10.980,) Target @ 10.650 & Stop @ 11.200. “We are recommending a new short USD/MXN trade idea. While the pair has already

Rosy Trade Assistant – User Guide – Other – 31 October 2023

A very easy to use EA, simple and friendly. Many features available to manage your trade. Compact panel with 4 sizes that can be selected according to your convenience. And trading in your local time has never been easier, using local timescale and clock. MT4 product link: https://www.mql5.com/en/market/product/107687 MT5 product link: https://www.mql5.com/en/market/product/107748 ============================================================================================ Pages Trading Panel – Page

WTI & Brent oil down, equity stock indexes up – Sunday evening futures trade opens

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

XAG/USD hovers around $22.80, grapples with 50-DMA in lackluster trade

Share: Silver price seesaw from daily high of $23.69 to low of $22.88, closing at $22.81. Key resistance levels at 50-DMA of $22.94 and 200-DMA of $23.29 cap potential rally attempts. Downside support at $23.00, with further levels at the October 26 low of $22.44 and 20-day EMA of $22.21. Silver price (XAG/USD)

AUD/NZD and EUR/AUD Might Have Similar Trade Set-Ups. Will Ranges Break?

Australian Dollar, AUD/NZD, EUR/AUD, Moving Averages, Range, Reversal -Talking Points The Australian Dollar remains in the range against EUR and NZD for now Although there are some similarities, each currency pair has unique properties Momentum, retracements and triangles could provide some markers Recommended by Daniel McCarthy Get Your Free AUD Forecast EUR/AUD TECHNICAL ANALYSIS EUR/AUD

Colombia Trade Balance down to $-1061M in August from previous $-600.2M

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