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Salesforce quarterly results boost CRM shares – and hopes for US tech stocks

Salesforce quarterly results boost CRM shares – and hopes for US tech stocks

Salesforce stock rose on Q1 earnings and a robust full-year outlook – Photo: Shutterstock A major sales software company’s stock rose as it upped its profit forecast and reported quarterly earnings that beat estimates  – to the relief of battered US tech investors. Saleforce (CRM) stock rose by as much as 9% in pre-market trading on … Read more

Innovation in Nigeria: Viral Bot provides Nigerians with real-time currency rates for major fiat and crypto currencies

Innovation in Nigeria: Viral Bot provides Nigerians with real-time currency rates for major fiat and crypto currencies

A friend sent me a tweet recently that said the world is a museum of passion projects. Everything that is beautiful or useful to other humans first started as an idea in the mind of someone who then pushed for it to become reality. Today, innovative technologies in financial services emerge to make processes easier, … Read more

Euro Forex Market Improves Ahead of ISM Data

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EUR & GBP Both Performing Steadily  Market Awaits US ISM Manufacturing PMIs Stock Futures Rise to Start New Month The Euro forex market is managing to hold firm against the Dollar though the USD strength as the safe haven of choice in the current market is likely to remain. The greenback has been boosted this … Read more

Rupee recovers from record low, spurts 21 paise to 77.50 per US dollar

Rupee recovers from record low, spurts 21 paise to 77.50 per US dollar

At the interbank forex market, the rupee opened at 77.58 against the greenback and moved in a range of 77.51 to 77.62 in the day’s trade /Representative image | The rupee recovered from its record low to close 21 paise higher at 77.50 against the American currency on Wednesday as dollar sales by some banks … Read more

FOREX-Dollar advances vs euro as upbeat U.S. data lends support

FOREX-Dollar advances vs euro as upbeat U.S. data lends support

The U.S. dollar rose against the euro on Wednesday, helped by upbeat U.S. economic data, and as the common currency remained under pressure following the hottest euro zone inflation on record that raised worries about the region’s growth outlook. The dollar was about 0.6% higher against the euro, extending Tuesday’s gains, after data on … Read more

EUR/USD Technical Analysis: Reasons for Recent Decline

EUR/USD chart

I still prefer to sell EUR/USD from every bullish level and the most notable current highs are 1.0785, 1.0830 and 1.0900 respectively. Despite the successive statements by the monetary policy officials of the European Central Bank and the record European inflation figures that support the hints of these statements, the price of EUR/USD was exposed … Read more

Remittance drops 15.95pc in July-May amid forex market chaos

Remittance drops 15.95pc in July-May amid forex market chaos

Inflow of remittance dropped by 15.95 per cent or $3.64 billion in the July-May period of the current fiscal year 2021-2022 amid a widening gap in exchange rates in the formal channel and the kerb market. In the 11 months of FY22, the inflow dropped to $19.19 billion from $22.84 billion in the same period … Read more

Naira Rates | TechCabal

Naira Rates | TechCabal

Innovation in Nigeria: Viral Bot provides Nigerians with real-time currency rates for major fiat and crypto currencies. A friend sent me a tweet recently that said the world is a museum of passion projects. Everything that is beautiful or useful to other humans first started as an idea in the mind of someone who then … Read more