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Farooq

Posts Tagged "brexit"

HomePosts Tagged "brexit"
  • dollar to naira

By Dion Rabouin | NEW YORK The dollar rose on Tuesday, bouncing from 4-month lows, as a top Federal Reserve official reinforced expectations of more U.S. rate hikes to come while political uncertainties surrounding Britain’s exit from the EU pressured European currencies. Fed Vice Chairman Stanley Fischer said two more increases of U.S. overnight interest […]

The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa May was ready to take the country out of the European Union in a so-called “hard Brexit”. Sterling’s retreat came with losses on most Asian stock markets as investors nervously await Donald Trump’s inauguration speech […]

RARELY do people compare the British pound to the Nigerian naira, Azerbaijani manat or Malawian kwacha. But these are special times. Following the Brexit vote, investors dumped sterling. Some are worried about the possibility of a “hard” Brexit. Others are simply baffled by the government’s xenophobic and divisive rhetoric.  One question which people have not […]

* Oil worker wage talks begin in Norway * Return of Nigerian supply could hit prices -Goldman * Brexit, slowing Asia, darken economic outlook * U.S. crude inventories fall 4.1 million barrels By Alex Lawler and Dmitry Zhdannikov LONDON, June 30 (Reuters) – Oil fell below $50 a barrel on Thursday, pressured by higher Nigerian […]