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• 09.01.2023

The US dollar has seen a number of highs and lows in the past year. The dollar is the world’s reserve currency and is used as a benchmark against which many other currencies are measured. It is also the most widely traded currency on the foreign exchange market. Since the mid-2000s, it has appreciated by […]

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• 15.12.2022

Despite the recent decline in prices, the price of WTI Crude appears to be respecting the price range of $67-72 that the Biden administration set for the replenishment of the Strategic Petroleum Reserve (SPR). The DOE has announced that it plans to purchase the SPR oil at these prices, a move that will provide certainty […]

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• 07.12.2022

During the past month, the euro to US dollar exchange rate has risen close to 5%. This is on the back of moderately improved economic sentiment in the eurozone. Nevertheless, concerns over a recession in the eurozone and Russia’s uncertainty about its energy supply continue to weigh on the euro. Earlier this month, the euro […]

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• 25.11.2022

Despite continued strong economic growth, inflation remains persistently high, just above the Federal Reserve’s 2% target. Price pressures continue to be strong across broad goods and services, but the pace of price increases has eased. Annual consumer prices rose 7.7% in October, down from a September reading of 8.2%. The core CPI rose 6.3% in […]

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• 23.11.2022

Despite recent mixed results, the Canadian Dollar still remains a strong currency. The Bank of Canada has embarked on a tightening cycle and has raised interest rates by 300 basis points since March. Although the BoC has slowed the pace of rate hikes, it is expected to raise rates again in December. This rate hike […]

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• 18.10.2022

When you want to learn how to invest in Ethereum, you can turn to the Kenyan cryptocurrency community. You can find exchangers, money remittance services, or even peer-to-peer marketplaces. However, it is always best to seek professional advice from an experienced Bitcoin developer. Investing in Ethereum There are several benefits of investing in Ethereum cryptocurrency […]

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• 10.10.2022

Strategies to trade the Kenyan foreign exchange market The forex market is an attractive investment option for investors in Kenya, as the profit opportunities are seemingly limitless. Kenyan traders of all experience levels can participate in the market without difficulty. Forex trading is simple, with relatively low costs and substantial leverage. It is also available […]

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• 03.10.2022

If you are interested in trading currencies online, you can do so legally in Kenya. You can find a broker who offers the services you need online and get started right away. Some brokers also offer bonuses to their customers. Even if you have low capital, you shouldn’t let this stop you. Forex trading is […]

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• 07.09.2022

If you want to learn how to trade Forex in Kenya, you may be wondering how to make a profit on this market. Forex trading is a lucrative business, and there are thousands of Kenyans willing to help you make money. However, it is important to research Forex account managers carefully before entrusting them with […]

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• 29.08.2022

Trading on stock exchanges in Kenya was a new concept in the early 1950s, when Kenya was still part of the British Empire. The Nairobi Stock Exchange was founded by Francis Drummond, who approached the Kenyan finance minister Sir Ernest Vasey and officials of the London Stock Exchange for permission to start a stock exchange […]