In the forex market, depending on the goal, a trader can take a position based on the fundamental economic trends in one country versus another.
The WaPo news of potentially selective tariffs caught the FX market overly positioned in dollars, prompting some traders to pare back risk. Despite this, due to other external factors influencing the ...
Yet the dollar consistently bucked the typical seasonal downtrend, drawing unexpected strength, even as a brief rally in US Treasuries at year-end ensued. With the dawn of the new year, the dollar ...
Regulators at the National Bank of Ethiopia (NBE) are no longer processing license requests for new applicants seeking to get involved in the forex trading business.
Foreign exchange reserves are showing encouraging signs of stability due to record remittance inflows and rising exports, but ...
The rupee depreciated 4 paise to close at a record low of 85.79 against the US dollar on Friday, as strong dollar demand from importers and a muted trend in domestic equities weighed on investors’ ...
Firstly, to tackle inflation, the new Bangladesh Bank governor adopted a contractionary monetary policy, raising the policy ...