FX News Feed

Wednesday, June 3, 2026

BoG’s $1.15B Intervention Boosts Cedi Amid Dollar Weakness

By Louis Schoeman, Financial Writer
2 min read
The Bank of Ghana's strategic intervention is lifting the cedi, offering a beacon of stability am ...
2 days

Naira Surges as CBN Reforms Boost Reserves to $46.7bn

By Louis Schoeman, Financial Writer
2 min read
Nigeria's naira has recently experienced a significant surge, bolstered by comprehensive reforms ...
2 days
Ahead of this week's pivotal US employment report, the South African rand was bolstered by lower US ...
3 days

Inflation, Dollar, and Rates: Kevin Warsh’s First Week Sets the Tone

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
3 min read
Kevin Warsh celebrated his first week in the seat as Fed Chairman as of Ma ...
3 days

Nigeria’s GDP Growth Resilient Despite IMF Downgrade Warning

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economic landscape presents a paradox: resilience in GDP growth amid rising inflation a ...
5 days
The cedi's stability faces a critical test as the Bank of Ghana (BoG) holds its policy rate stead ...
5 days

NBE Forex Reforms Risk $1.2 Billion Loss Amid Exposure Limits

By Louis Schoeman, Financial Writer
2 min read
The National Bank of Ethiopia's (NBE) latest forex reforms have jolted the financial landscape, p ...
5 days

Kenya Shilling Holds Steady at 129 as CBK Signals Stability

By Louis Schoeman, Financial Writer
2 min read
The Kenya Shilling has maintained its position at 129 against the US dollar for a remarkable 16-m ...
5 days

USD/JPY Price Forecast: Will Fib Breakouts Propel Dollar Price Levels Past 160?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
2 min read
USD/JPY holds a strong bullish bias and currently sits at 159.45 as the bu ...
6 days

EUR/USD Price Forecast: Will Channel Breakdowns Sink Euro Price Levels Under $1.1560?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
2 min read
EUR/USD has been in heavy distribution, holding rangebound near $1.16138, as it has lost its intrada ...
6 days

Nigeria’s GDP Drops 2.5% Amid Inflation, Traders Eye Naira Stability

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economic landscape is witnessing a pivotal moment as the country's GDP contracts by 2.5 ...
6 days

Ghana’s Cedi Faces Pressure as BoG’s 18% Rate Sparks Debate

By Louis Schoeman, Financial Writer
2 min read
As Ghana grapples with economic headwinds, the cedi faces mounting pressure amid soaring interest ...
6 days

Ethiopia Faces Forex Challenges as NBE Imposes 18% Capital Limit

By Louis Schoeman, Financial Writer
2 min read
As Ethiopia navigates a turbulent economic landscape, recent forex reforms have placed the countr ...
6 days

Kenya Shilling Holds at 16-Month Low as Treasury Rates Dip

By Louis Schoeman, Financial Writer
2 min read
The Kenya Shilling has managed to hold its ground at Sh129 against the US dollar for an unprecede ...
6 days

Ethiopian Birr Faces Volatility as NBE’s Forex Reforms Trigger Losses

By Louis Schoeman, Financial Writer
2 min read
The Ethiopian birr is facing increased volatility amid sweeping forex reforms by the National Ban ...
1 W

Naira Rallies 14-Month High as CBN Reopens FX Window

By Louis Schoeman, Financial Writer
2 min read
The Nigerian naira has surged to a 14-month high, trading at N1,348/$, as the Central Bank of Nig ...
1 W

Dollar Slips Against Taiwan Dollar on Decent Turnover

By Sophia Cruz, Financial Writer - Asian & European Desks
1 min read
...
1 W

NBE’s Forex Reforms Spark 18% Capital Exposure Limit Amid Losses

By Louis Schoeman, Financial Writer
2 min read
The National Bank of Ethiopia (NBE) is making bold moves in its forex policies, unveiling an 18% ...
1 W
The Kenya shilling's resilience amid declining Treasury bill rates has caught the attention of tr ...
1 W

EUR/USD Update: Euro Gains Ground on Policy Divergence and Reduced Geopolitical Risks

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
2 min read
EUR/USD climbs on May 25 2026 thanks to monetary policy differences between the European Central Ban ...
1 W
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