MARKET NEWS
Sterling nears one-month low as investors bet on BoE rate cuts - REUTERS
LONDON, Feb 20 (Reuters) - The British pound hovered around its lowest in a month against the dollar on Friday, and was headed for its biggest weekly decline since January 2025, as investors weighed mixed economic data and added to bets on Bank of England interest rate cuts.
Sterling was last little changed at $1.3468, near Thursday's one-month low at $1.3435. For the week, the currency was headed for an around 1.3% decline.
MARKET NEWS
February 20
Oil Holds Near Six-Month High as Trump Mulls Limited Iran Strike - BLOOMBERG
February 20
Inflation rose more quickly than expected in December - THE CANADIAN PRESS
February 20
Dollar set for biggest weekly rise since October with US-Iran tensions in focus - REUTERS
February 20
Dollar Poised for Best Week in Months as Fed-Cut Bets Fade - BLOOMBERG
February 20
Australian pension fund UniSuper says local currency undervalued, increases hedging - REUTERS
February 20
Gold Pushes Above $5,000 With Middle East Tensions to the Fore - BLOOMBERG
February 20
Rise in digital payment platforms may spike FX volatility, Cardoso warns - THE GUARDIAN
February 20
Oil Holds Near Six-Month High as US Warns Iran Has Days for Deal - BLOOMBERG
February 20
UK businesses and consumers show signs of recovery in early 2026 - REUTERS
February 20
Sterling nears one-month low as investors bet on BoE rate cuts - REUTERS
February 20
FAAN, MTN launch free WiFi at two airports - PUNCH
February 20
U.S. economy grows at 1.4% rate in the fourth quarter, slower than expected - THE... (read more)
February 20
U.S. Supreme Court rejects Trump’s global tariffs - REUTERS
February 20
Euro Near One-Month Low as US-Iran Risks Fuel Downside Bets - BLOOMBERG
February 20
CBN: Oil prices rally brightens naira, foreign reserves’ prospect - VANGUARD
February 20
Ivory Coast raises $1.3 billion via international bond issue - REUTERS
February 20
Ghana pays $909 million in interest in domestic debt exchange programme - REUTERS
February 20
Oil extends gains on US-Iran tensions, stocks retreat - CNBC
February 20
South African rand flat amid firmer dollar; US inflation in focus - REUTERS
February 20
As China goes visa-free, Britain ties itself in knots with ETA rules - THE INDEPENDENT
February 20
Naira seen extending gains as African currencies hold steady
February 20
Dollar funding for BDCs’ expands FX market liquidity, lifts naira - THE NATION
February 20
Naira gap closes at 0.29 percent as speculators offload dollars - BUSINESSDAY
February 20
Reuters Report: Naira Expected to Remain Bullish against US Dollar Next Week - THISDAY
February 20
Naira records massive appreciation against US dollar on black market - DAILY POST
February 20
Executive Order triggers oil sector uproar as PENGASSAN warns of investor flight, nai... (read more)
February 20
BDCs Still Can’t Access CBN’s Official Forex Window - Operators - LEADERSHIP
February 20
Nigeria’s FX reserves hit $48.5bn, highest in 13 years - THE SUN
February 20
Naira hits two-year high at 1,347/$ - PUNCH
February 19
Naira Depreciates Further To N1,341.35/$ At Official FX Market - CHANNELS TV




