Benzinga – The week was a rollercoaster ride in the world of cryptocurrency. From Shiba Inu’s skyrocketing burn rate to the rising concerns about overvaluation in the crypto market, there…
Month: April 2024
FX dealers face end-of-day trading stress from T+1 shift
The upcoming transition to a T+1 securities settlement cycle in North America could lead to increased use of overnight swaps at the end of the US day, putting pressure on…
FX rates harmonisation: CBN abandons unification policy, re-introduces discriminatory rates
• BDCs on subsidy as four different rates emerge• Customs settles for below NAFEM rate, charges N1,164• Naira pullback stokes fresh concern about stability • Senate seeks proactive measures to save…
Pound to Dollar Week Ahead Forecast: "Further GBP Weakness in Coming Weeks"
April 28, 2024 – Written by David Woodsmith STORY LINK Pound to Dollar Week Ahead Forecast: “Further GBP Weakness in Coming Weeks” Foreign exchange strategists at HSBC forecast the Pound…