Technical analysis

Election Fever Will Not Cause Cedi Depreciation

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The Bank of Ghana(BoG) has assured that the cedi will not lose its stability against the dollar despite signs of the currency recording some marginal depreciation in recent times. Some market watchers have attributed the development to speculations as the general elections draw closer. But assuring the public of a stable currency during and after … Read more

Asia Markets Tumble On Vote Results

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Asian stocks have tumbled after results from the US presidential polls suggested a victory for Donald Trump looked increasingly likely. All major markets in the region are now lower, with money flowing into safe haven stocks, gold and currencies including the yen. Meanwhile the Mexican Peso has hit an all-time low against the dollar. As … Read more