Mon, 26 Jan 2015 04:08:05 GMT
CBN Jacks Up Weekly Dollar Sale to BDCs By 100 Per Cent
The CBN circular reads in part: "This is to inform Bureau De Change (BDC) operators and the general public that as part of the ongoing review of developments in the foreign exchange market and in order to deepen the BDCs segment, the weekly forex cash ...
Mon, 26 Jan 2015 04:00:05 GMT
Daily Technical Analysis
The EURUSD continued its bearish momentum last week bottomed at 1.1113. Price hit 1.1096 earlier today but traded higher around 1.1170 at the time I wrote this comment. The bias is bearish in nearest term testing 1.1096 – 1.1000. Immediate resistance is ...
Mon, 26 Jan 2015 03:55:54 GMT
FOREX-Euro hits 11-year low as Greek leftists sweep to power
U.S. President Barack Obama and his wife Michelle Obama on a three-day visit to India. Full Coverage · India this week · Inside Davos · Preparing for Republic Day · North Korea's supreme factory leader · Auschwitz survivors, 70 years on · » Click here for ...
Sun, 25 Jan 2015 19:15:00 GMT
The Euro’s beating continued last week, with fresh 11-year lows coming against the US Dollar after the European Central Bank unveiled its much-anticipated QE program. There is little indication that sharp price swings will abate anytime soon: the Euro has three very strong influences driving price right now.
Sat, 24 Jan 2015 02:18:00 GMT
We are already off to a volatile start to 2015, and the coming week presents high-level event risk that will likely keep those activity levels high.
Sat, 24 Jan 2015 02:13:00 GMT
In the past few weeks, we have seen a nearly universal dovish shift in global monetary policy.