Dollar steady, yuan firms as U.S.-China trade talks spur caution
The dollar found support on Tuesday while investors awaited the outcome from crucial Sino-U.S. trade talks in Washington, with many staying cautious as neither side has shown signs of giving ground at the negotiations.
Dollar perched at 7-week highs vs yen before Fed decision
The dollar held near a seven-week high against the Japanese yen on Wednesday before the outcome of a Federal Reserve meeting where officials are widely expected to cut interest rates by a quarter of a percentage point.
Dollar firm as markets wary over rising MidEast tensions, wait for Fed
The dollar stood tall against other major currencies on Tuesday as geopolitical risks encouraged investors to flock to the relative safe-appeal of the greenback before a U.S. central bank policy meeting this week, where a rate cut is widely expected.
That forex restriction on food import
When he gave the open directive to the Central Bank of Nigeria (CBN) not to “give a cent to anybody to import food into the country,” President Muhammadu Buhari thereby served notice...
US doesn't have a 'tariff problem', it has 'a Fed problem': Trump
President Donald Trump on Friday denied his trade wars were harming the US economy, instead of blaming the Federal Reserve for allowing a strong dollar to make American exports less competitive.
Visit Egypt and see Nigeria’s backwardness: A 2019 Egypt Total AFCON diary
From the first moment of boarding the Egypt Air to when the flight landed at the Cairo International Airport, there was a seeming breath of fresh air. Though the atmosphere was charged, the freshness of the environment was welcoming.
Asia markets sink as the Chinese yuan tumbles
Asian markets plummeted Monday as the Chinese yuan fell sharply, days after US President Donald Trump's vow to impose fresh tariffs on goods from China sent trade war fears soaring.
Dollar gains after Fed pushes back on big rate cut bets
The dollar rose on Wednesday as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials.
Dollar slips on Fed prospects; safe-haven Swiss franc, gold shine
The dollar hit a multi-month low against the euro and the yen on Tuesday on the prospects of monetary easing by the Federal Reserve while the safe-haven Swiss franc and gold rose on Middle East tensions.
Dollar struggles after biggest weekly drop in four months; G20 eyed
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.