Euro
Analysts forsee medium term naira instability as pressure on recurrent expenditure resurfaces
The ability to maintain the long-term stability of the naira has begun to stir concerns of investors who have expressed…
Pound sterling, euro surrender gains against US dollar
The pound sterling and the European common currency, the euro, both gave up gains against the US dollar as trading…
Nigeria’s central bank says it is not funding government beyond threshold
In reacting to concerns shown by a member of the monetary policy committee of Nigeria’s central bank that the apex…
Euro trades low in Asia as market witnessed sell-offs on German’s Merkel challenges in forming govt
The euro fell Monday in early Asian trading after Angela Merkel won the fourth term as the German Chancellor Sunday…
Euro rises to 18 month high against dollar
The euro has hit $1.20 for the first time since January 2015 as the prospect of a US interest rate…
Euro surge to two-year high prompts stocks pause
The euro’s surge to an almost two-year high dominated financial markets on Friday, with most major stock exchanges consolidating after…
FXTM Chief Market Strategist, Hussein Sayed, takes a long view on dollar, pound, euro potential movements
Last week the greenback was the biggest loser among all major currencies. The dollar index slipped to a 10-month low,…
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