Foreign Exchange

Africa's Forex Trading Boom: New Frontier for Economic Growth
Investment & Trading Africa's Forex Trading Boom: New Frontier for Economic Growth

In recent years, Africa has emerged as a formidable player in the global foreign exchange (forex) market, signaling a transformative phase in the continent’s economic trajectory. Traditionally dominated by developed giants in Europe, Asia, and North America, the forex sector is now witnessing A

How Are US-China Trade Talks Shaping Asian Markets?
Markets How Are US-China Trade Talks Shaping Asian Markets?

Recent developments in the financial markets during the Asian trading session on May 2, 2025, have drawn attention to the intricate interplay between investor behavior and international diplomatic endeavors. The Asian markets, akin to a barometer of global economic sentiment, have oscillated in

Standard Chartered Integrates FX API with Temenos Platform
Markets Standard Chartered Integrates FX API with Temenos Platform

Standard Chartered's involvement in foreign exchange (FX) API services marks a pivotal milestone in the financial technology sector. By introducing the Standard Chartered Aggregated Liquidity Engine (SCALE) via the Temenos Exchange, the bank initiates a move to transform FX operations

Are U.S.-Japan Trade Talks Missing the Mark on Currency Issues?
Markets Are U.S.-Japan Trade Talks Missing the Mark on Currency Issues?

The evolving trade relationship between the United States and Japan is under scrutiny as both nations navigate complex negotiations involving tariffs and currency issues. These discussions are pivotal in shaping economic policies and trade practices in the global market. This analysis aims to

US Markets Plunge Amid Fed Criticism and Trade Uncertainty
Markets US Markets Plunge Amid Fed Criticism and Trade Uncertainty

The US stock market has experienced considerable turbulence recently, as President Trump's pointed criticisms of Federal Reserve Chair Jerome Powell have intensified. This wave of disapproval has stoked fears about the central bank's independence, leading to diminished investor confidence

Why Is the Black Market Dominating Nigeria's Forex System?
Markets Why Is the Black Market Dominating Nigeria's Forex System?

The considerable discrepancy between the official and black market exchange rates of the Dollar to Naira has created significant economic challenges in Nigeria. As of Monday, April 21st, 2025, the black market rate stands at N1,590 for buying and N1,600 for selling. This disparity is driven by a

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