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Zimbabwe’s illegal forex dealers use WhatsApp to find clients, evade police
Al Jazeera· 5 days agoThe smartly dressed young boys and middle-aged men who would stealthily trade foreign currency with...
USD/SEK and EUR/SEK: Here’s why Swedish krona just dipped
Invezz· 4 days agoThe Swedish krona continued its downward trend on Wednesday. The EUR/SEK exchange rate surged to...
FOREX-Dollar steady on renewed rate cut bets; yen starts week on back foot
Reuters via Yahoo Finance· 6 days agoThe yen had clocked last week its strongest weekly gain since early December 2022 following two bouts of suspected interventions from Tokyo to pull the currency away from ...
Japan may intervene if yen fluctuates excessively, top forex official warns
Seeking Alpha· 5 days agoThe Japanese government may have to intervene to support the yen (USD:JPY) in case of irregular,...
GBP/ZAR, USD/ZAR: Here’s why the South African rand is rising
Invezz· 5 days agoThe South African rand has rebounded against key currencies like the euro, pound, and the US dollar....
FOREX-US dollar edges lower but up against yen, Aussie
Reuters via Yahoo Finance· 5 days agoJapan's top currency diplomat Masato Kanda said the country may have to take action against any disorderly, speculative-driven foreign exchange moves, signaling ...
USD/MXN: pros trim their peso bets ahead of Banxico decision
Invezz· 4 days agoThe USD/MXN exchange rate will be in the spotlight on Thursday as the Mexican Central Bank delivers...
USD to NGN: Here’s why the Nigerian naira rally is losing steam
Invezz· 5 days agoThe Nigerian naira has resumed its downward trend as the recent surge faded. The black market rate...
Japan’s Reserves Tally Likely Too Early to Reflect Intervention
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Japan’s foreign currency reserves dropped by $14 billion in April, a fall that...
Forex Today: US Dollar clings to recovery gains as markets assess Fedspeak
The Forex Market· 4 days agoHere is what you need to know on Wednesday, May 8: The US Dollar (USD) stays resilient against its...