The Nigerian naira fluctuated versus the U.S. dollar on April 23, as traders participating in foreign exchange risk management responded to news that lending institutions made substantial purchases of the emerging-market currency at an auction.
The Canadian dollar rose against its trading peers on April 23, as traders engaged in forex risk management pushed the currency higher even as the risk tolerance of investors decreased.
The 17-nation euro depreciated versus the U.S. dollar on April 23, as political developments in the region as well as tepid manufacturing data served to boost the risk aversion of traders participating in fx risk management.
