The forex market is open 24 hours a day because exchanges worldwide are open at overlapping times for 120 hours, from 5 p.m. ET on Sunday to 5 p.m. ET on Friday.

The U.S. Supreme Court’s decision to strike down tariffs imposed under the International Emergency Economic Powers Act (IEEPA) could reshape rates and foreign-exchange markets, with Barclays warning ...

Discover how Forex arbitrage allows traders to profit by simultaneously buying and selling currencies in different markets, ...

As the FX market looks to navigate the bifurcation of alternative liquidity coming from main trading venues, such as major electronic communications networks (ECNs), and bilateral liquidity from less ...

October’s consultation on proposals arising from the Global Foreign Exchange Committee (GFXC) review of the global principles of good practice in the FX market (referred to collectively as the FX ...

Foreign exchange (FX) traders are always looking for trends and economic outlooks that may help them to predict the potential movement of currencies. Some examine economic reports, the gross domestic ...

CBN to reintegrate BDC operators into the NFEM is already reshaping currency dynamics, triggering a notable narrowing of the ...

The Wuse Zone 4 FX Traders Association is set to inaugurate a parallel FX market forum in Abuja. According to the programme for the association launch slated for January 15, 2025 at the Shehu Musa Yar ...

Bureau De Change (BDC) operators have been unable to purchase dollars from commercial banks one week after the Central Bank ...

By Michael NwadikeTHE decision of the Central Bank of Nigeria (CBN) to permit participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market has triggered massive ...

The foreign exchange market is at the centre of Nigeria’s economic and business growth. Last week, the Central Bank of Nigeria (CBN) took strategic step to enhance transparency and boost market ...