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Tag Archives: forex research

FOREX: Speculators abandon positions, incur over N45bn losses – Vanguard

The PIE NewsFOREX: Speculators abandon positions, incur over N45bn lossesVanguardOn the other hand, the source noted that it is open knowledge that fiscal authorities, championed by the finance ministry and a faction of the presidency, have been at discord with the apex bank over its forex regime, whilst the apex bank had stuck to ...Nigeria issues welcome reform to forex for overseas studyThe PIE NewsCBN forex policy not to...

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DAX Muted as Investors Looking for Cues

The DAX Index is quiet in the Friday session, as the index is down by 0.30%. Currently, the DAX is trading at 11,920.90 points. On the release front, there are no eurozone economic indicator, so it could remain a quiet day. On Thursday, the DAX briefly pushed across the symbolic 12,000 level, but has since retreated. In tandem with other stock markets, the DAX shrugged off the Federal Reserve’s January minutes. There were no dramatic ...

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Who Stands to Lose From Trade War With China?

There’s at least one big loser if President Donald J. Trump ignites a trade war with China: Taiwan. The island democracy has a heavily export-dependent economy enmeshed in billions of dollars in U.S. and China trade. Any blowup would have a spillover effect that would reverberate from Silicon Valley to Taipei and Beijing. The risk of such a war is real. For months, the billionaire businessman-turned-politician...

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Investors Cautious Ahead of Trump Speech

Investors adopted a cautious tone at the end of a positive week for global stocks ahead of a major speech from U.S. President Donald Trump. Raw-materials shares slumped, while gold headed for a fourth weekly increase. The dollar was lower against most major currencies after weakening Thursday on Treasury Secretary Steven Mnuchin’s statement that fiscal stimulus effects on the economy this year may be limited. European ...

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FOREX-Dollar slips as "Trumpflation trade" fades – Reuters

Zee NewsFOREX-Dollar slips as "Trumpflation trade" fadesReutersLONDON, Feb 24 The dollar slipped on Friday and was set for its first week of falls in three, after the new U.S. finance chief poured a little cold water on the "Trumpflation trade" that had taken the greenback to 14-year highs earlier this year ...FOREX-Dollar hits one-week low as "Trumpflation trade" fadesYahoo Financeall 8 news articles »

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Good Recovery

In early morning action it was a clear swing to sellers after yesterday's non-event. However, buyers came back and were able to make a good chunk of these losses into today's close.Large Caps remained the most attractive as defensive stocks often are during times of doubt. The S&P registered higher volume accumulation as intraday action proved to be relatively tight.The Nasdaq suffered larger losses, but there was no distribution to go with it. Technicals...

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