Alton Drew

Traders need to understand politics …

As Africa embarks on a new trade bloc, time to take closer look at its currencies …

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PairsOANDA as of 4 January 2021OANDA as of 5 January 2021Notes
USD/KES108.391108.391Dollar weakening
USD/NGN384.938384.938Dollar strengthening
USD/GHS5.85245.85238Dollar weakening
USD/CDF1950.611950.61Dollar flat
USD/AOA648.310648.310Dollar weakening
USD/ZAR14.630914.6309Dollar flat
Source: OANDA

Political/Regulatory/Legal News Impacting US-Africa Foreign Exchange Pairs

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