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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


The Watch - forex news

Amwal Al Ghad English - 2017-12-13 06:17:02
The dollar stood near a four-week high against a basket of currencies on Wednesday after strong U.S. wholesale price figures kept the Federal Reserve on track for a widely-expected rate rise this week and more in 2018. The dollar index stood at 94.071, having risen to 94.219 on Tuesday, its highest level since Nov. 14. Against the yen, the dollar fetched 113.55 yen, having risen to a four-week high of 113.75 yen on Tuesday. The euro traded at $1.1737, having slipped to $1.17175 the previous day, which was its lowest level in three weeks. The Fed is almost unanimously expected to raise its interest rates target by 0.25 percentage point at the end of its two-day policy setting meeting on Wednesday. Investors are focusing more on the Fed's projection on the pace of its rate hikes next year and policymakers' view on the outlook for inflation. The Fed will announce its decision on rates at 1900 GMT Wednesday followed by a statement. Chair Janet Yellen will hold a news conference at 1930 GMT. While Fed policy makers' projection in September suggested they expected three rate hikes in 2018, markets are pricing in only two, with many investors expecting tame inflation will lead to a slower tightening path. "Although price trend seem to be picking up, it is not clear if that is enough to convince dovish members of the Fed on the need to be concerned about inflation," said Shinichiro Kadota, senior strategist at Barclays. U.S. producer price data for November showed 0.4 percent increase in wholesale inflation from the previous month. From a year ago, the producer price index shot up 3.1 percent, the biggestgain since January 2012 and followed a 2.8 percent rise in October. If U.S. consumer price data due at 1330 GMT on Wednesday also shows a similar uptick, that could fuel expectation of faster Fed rate hikes, analysts said. Traders are also looking to Senate election in Alabama, where Republican Roy Moore, facing allegations of sexual misconduct, is battling a former U.S. Attorney Doug Jones, 63, who hopes to pull off an upset victory in the deeply conservative Southern state. A Jones victory is seen as negative for the dollar and U.S. stocks as it would narrow the Republicans' already slim majority in the U.S. Senate, possibly making it harder for Trump to advance his policy agenda including big tax cuts. Elsewhere, the British pound hovered at $1.3315, near two-week lows of $1.3303 touched on Tuesday, although the currency was briefly propped up by data showing British inflation unexpectedly hit a near six-year high in November. Consumer price inflation rose to an annual rate of 3.1 percent in November, above economists' average expectations of 3.0 percent rise. As that is more than a percentage point above the Bank of England's 2 percent target, Governor Mark Carney will have to explain to finance minister Philip Hammond what the BoE is doing in response. But because one of the main reasons behind the surge in inflation has been the pound's plunge since last June's vote for Brexit - about 12 percent on a trade-weighted basis - the BoE has said it expects it to come off slowly over the next three years to just above 2 percent as sterling steadies. There was no notable change in market expectations on the BoE's policy outlook, with sterling overnight indexed swaps pricing in a very small chance of a rate hike within the next six months. More»
Amwal Al Ghad English - 2017-12-12 06:24:05
Gold prices were slightly higher on Tuesday, just up from its lowest in nearly five months in the previous session, and ahead of the start of a two-day U.S. Federal Reserve meeting. Spot gold rose 0.2 percent to $1,244.30 an ounce by 0350 GMT, after hitting its lowest since July 20 at $1240.10 on Monday. U.S. gold futures fell 0.1 percent to $1,246 an ounce. "The overnight drop I suspect is continued long liquidation as evidenced in the weekends Commitment of Traders Report" said Jeffrey Halley, senior market analyst with OANDA. CFTC data from Friday showed speculators sharply cut their net long positions in gold to the lowest since early August due to recent price weakness. "I would expect gold to remain offered on any rally and ...to retest its overnight lows around $1,240," Halley said, adding that a hawkish statement on U.S. interest rates from the Federal Open Market Committee could see gold under further pressure. The dollar was steady near a recent two-week high versus a basket of major currencies, as traders awaited results from the U.S. Fed's policy meeting for a fresh catalyst. At the meeting, which concludes on Wednesday, the U.S.central bank is widely expected to raise benchmark interest rates for the third time this year and comment on the pace of further rate hikes. "We expect a steady grind lower in gold, at least through Wednesday," said INTL FCStone analyst Edward Meir. "Depending on how hawkish the wording is, gold could drift lower still, as charts do not show any meaningful support at least until $1,205-$1,210," Meir said. Gold is sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion and boost the dollar, in which it is priced. "Gold is likely to recover quickly from its recent lows if the December meeting outcome proves to be a dovish hike," Standard Chartered said in a note. Reuters technicals analyst Wang Tao said spot gold may bounce moderately to a resistance at $1,250 per ounce, as it has stabilized around a support at $1,239. Among other precious metals, silver was nearly unchanged at $15.72 an ounce. Platinum was down nearly 0.1 percent at $884.20 an ounce, having hit its lowest since February 2016 last week. Palladium was 0.3 percent higher at $1,012.97 an ounce. The platinum discount to palladium widened to around $120 last week, the steepest since April 2001. More»
Amwal Al Ghad English - 2017-12-12 06:21:05
The dollar held firm near two-week highs versus a basket of major currencies on Tuesday, with traders awaiting the U.S. Federal Reserve's policy meeting this week for fresh catalysts. The dollar index, which tracks the greenback against a basket of six major peers, inched up 0.1 percent to 93.931. That was within sight of Friday's peak of 94.087, the highest since November 21. The Fed is widely expected to raise interest rates at its two-day policy meeting that will end on Wednesday and is expected to tighten policy further next year. Most economists polled by Reuters now expect three more rate rises next year compared with two when surveyed just weeks ago, although the outlook remains clouded by stubbornly subdued inflation. Since a rate hike this week has been priced in, the dollar could sag initially after the Fed's policy announcement, said Steven Dooley, currency strategist for Western Union Business Solutions in Melbourne. The Fed, however, will probably sound optimistic about the economic outlook and that is likely to help underpin the greenback, he added. More»
Amwal Al Ghad English - 2017-12-11 06:54:13
Gold prices were steady early on Monday, holding above a four-month low hit last week, amid a firm dollar. Spot gold was nearly unchanged at $1,247.80 an ounce by 0045 GMT, after hitting its lowest since July 26 at $1,243.71 on December 7. U.S. gold futures were 0.1 percent higher at $1,250.10. The dollar was steady in early Asian trade on Monday, underpinned by expectations of higher U.S. interest rates, while bitcoin seized the spotlight as futures of the cryptocurrency began trading. Republican U.S. Senator Susan Collins, whose support was crucial in passing the Senate tax reform bill earlier this month, said on Sunday she has not yet decided whether she will back the final measure negotiated by House and Senate leaders. U.S. President Donald Trump on Friday signed legislation to fund the federal government for two weeks, giving congressional negotiators more time to work out budget priorities through next September and other thorny policy matters. A Palestinian stabbed an Israeli security guard at Jerusalem's main bus station on Sunday, police said, and violence flared near the U.S. Embassy in Beirut over U.S.President Donald Trump's recognition of Jerusalem as Israel's capital. The United States, Japan and South Korea will hold two days of missile tracking drills starting on Monday, Japan's Maritime Self-Defence Force said, as tensions rise in the region over North Korea's fast-developing weapons programs. U.S. job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate. Britain and the European Union struck a divorce deal on Friday that paves the way for arduous talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit. Hedge funds and money managers sharply reduced their net long positions in COMEX gold and silver contracts in the week to Dec. 5, U.S. Commodity Futures Trading Commission (CFTC) datashowed on Friday. More»
Amwal Al Ghad English - 2017-12-11 06:47:58
Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in American production, potentially undermining efforts led by OPEC to tighten markets. U.S. West Texas Intermediate (WTI) crude futures were at $57.10 a barrel at 0019 GMT, down 25 cents, or 0.4 percent, from their last settlement. Brent crude futures, the international benchmark for oil prices,were down 32 cents, or 0.5 percent, at $63.08 a barrel. "The largest concern for investors currently remains the rise in the U.S. rig count, which could potentially jeopardize the OPEC and Russian agreement when they meet for a review in June, 2018," said Shane Chanel, equities and derivatives adviser at ASR Wealth Advisers. The amount of rigs drilling for new oil production in the United States rose by two in the week to Dec. 8, to 751, the highest level since September, General Electric's Baker Hughes energy services firm said on Friday. A higher rig count points to a further rise in U.S. crude production, which has already increased by more than 15 percent since mid-2016 to 9.71 million barrels per day (bpd). That's the highest level since the early 1970s, and close to levels from top producers Russia and Saudi Arabia. Rising U.S. output threatens to undermine efforts led by the Organization of the Petroleum Exporting Countries (OPEC) and a group of non-OPEC producers, most importantly Russia, to support prices by withholding supplies. OPEC and its allies started withholding supplies last January and currently plan to continue doing so throughout 2018. More»
Amwal Al Ghad English - 2017-12-11 06:42:54
The dollar was steady in early Asian trade on Monday, underpinned by expectations of higher U.S. interest rates, while bitcoin seized the spotlight as futures of the cryptocurrency began trading. U.S. employment data on Friday showed a bigger rise in jobs than expected in November, but the dollar's gains were capped by disappointing wage data that analysts said could weigh on the pace of interest rate hikes next year. Bitcoin was up 1.2 percent at $14,819.05 on the Luxembourg-based Bitstamp exchange. The first bitcoin futures began trading at 6 p.m. (2300 GMT) on CBOE Global Markets Inc's CBOE Futures Exchange. The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini Exchange, which is owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss. The most-traded futures contract opened at $15,460, then leapt to a high of$16,660 and last stood at $15,860.The dollar index, which tracks the greenback against a basket of six major rival currencies, was steady at 93.885. The U.S. Federal Reserve is widely expected to raise interest rates at its two-day policy meeting that will end on Wednesday, and is seen as likely to tighten two or three times in 2018. But still-sluggish inflation has clouded the policy outlook. "There is a consensus that the Fed will hike this week, so what investors are most interested in is any clue as to what it will do next year, and the pace of interest rate increases," said Yutaka Miura, a senior technical analyst at Mizuho Securities in Tokyo. Against its Japanese counterpart, the dollar edged up 0.1 percent to 113.56 yen, probing levels last touched in mid-November. The Bank of England and the European Central Bank will also meet this week and are expected to hold rates steady. The euro inched slightly lower to $1.1770 but was holding above its nearly three-week low of $1.1730 plumbed on Friday. Sterling was up 0.1 percent at $1.3390 but well off Friday's high of $1.3521 hit as after a breakthrough in Brexit negotiations. With the UK economy still facing headwinds, market participants locked in gains. Britain and the European Union reached an accord on Friday that paves the way for talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and raising investors' hopes for an orderly Brexit. May will hail "a new sense of optimism" in Brexit talks on Monday, telling parliament Britain and the European Union should sign off on a deal at a summit this week "to move forwards together" to discuss future trade ties. More»
Amwal Al Ghad English - 2017-12-07 06:23:46
Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed on the market. U.S. West Texas Intermediate (WTI) crude futures were at $56.09 a barrel at 0021 GMT, up 13 cents, or 0.2 percent from their last settlement. Brent crude futures, the international benchmark for oil prices, were yet to trade. Traders said the higher prices came as U.S. crude oil inventories fell by 5.6 million barrels in the week to Dec. 1, to 448.1 million barrels, putting stocks below seasonal levels in 2015 and 2016. However, the slightly higher prices came after a much bigger sell-off in late U.S. trading. "Crude oil prices fell sharply after a larger-than-expected rise in gasoline inventories. This suggests that refiners may not need to process as much crude in the future" ANZ bank said on Thursday. Gasoline stocks rose 6.8 million barrels, to 220.9 million barrels, much more than analyst expectations in a Reuters poll for a gain of 1.7 million barrels. "The EIA report also showed that U.S. production increased again," it added. U.S. crude production climbed by 25,000 barrels per day (bpd) to 9.71 million bpd, the highest since monthly figures showing the United States produced more than 10 million bpd in the early 1970s. More»
Amwal Al Ghad English - 2017-12-07 06:20:55
Gold prices edged lower early on Thursday, hovering close to a two-month low hit earlier this week, amid a steady dollar.Spot gold was down 0.1 percent at $1,262.50 an ounce by 0053 GMT. It hit its lowest since Oct. 6 at $1,260.71 on Tuesday. U.S. gold futures were 0.1 percent lower at $1,265.30. The dollar index, which measures the greenback against a basket of six major currencies, was steady at 93.592. The dollar was up about 0.2 percent at 112.46 yen. U.S. Senate Republicans agreed to talks with the House of Representatives on sweeping tax legislation on Wednesday, amid early signs that lawmakers could bridge their differences and agree on a final bill ahead of a self-imposed Dec. 22 deadline.U.S. unit labor costs were much weaker than initially thought, declining both in the second and third quarters of this year, pointing to very benign inflation pressures in the near term even as the labor market is close to full employment. The Bank of Canada held interest rates steady on Wednesday, as expected, and took a cautious tone even as it said more rate hikes are likely in store amid diminishing slack in the labor market and signs of inflation pressures. Britain has not conducted formal sector-by-sector analyses of the impact that leaving the European Union will have on the economy, Brexit minister David Davis said on Wednesday, arguing they were not necessary yet. The European Commission proposed on Wednesday ideas for deeper euro zone integration in an effort to help unite the broader European Union, as euroskeptic sentiment grows across the EU and Britain prepares to leave the EU in 2019. Global holdings of gold-backed exchange-traded funds (ETF) rose by 9.1 tonnes to 2,357 tonnes in November, with the net inflows coming entirely from Europe as the U.S. dollar fell, the World Gold Council said on Wednesday. India's gold imports in November nearly halved from a year ago as a rise in the price of the yellow metal curbed retail buying for weddings, industry officials and analysts said on Wednesday. More»
Amwal Al Ghad English - 2017-12-07 06:18:19
Dollar prices edged up against its peers on Thursday, shaking off earlier losses versus the yen, supported by signs that investors' risk appetite was improving again and optimism on U.S. tax reforms. The greenback was 0.1 percent higher at 112.370 yen after dropping by 0.25 percent overnight. The dollar had slipped against the yen after President Donald Trump on Wednesday recognized Jerusalem as the capital of Israel, imperiling Middle East peace efforts and upsetting Washington's friends and foes alike. "The impact of the 'risk off' moves that weakened the dollar against the yen stemming from the Middle East developments appears to have been limited. It likely served as a pretext for speculators to cover some yen shorts," said Yukio Ishizuki, senior currency strategist at Daiwa Securities in Tokyo. "We could still see participants try to sell the dollar on upcoming 'risk off' events. But the dollar is positioned to absorb much of the selling pressure, with many players poised to buy on dips." Dollar/yen on Thursday rose in line with a surge in Tokyo shares, which had slumped the previous day on Middle East concerns. The U.S. currency rose to a two-week high against a basket of six major currencies as optimism towards U.S. lawmakers' making progress on the tax legislation continued to grow. Upbeat U.S. private-sector employment data released on Wednesday also provided support. U.S. Senate Republicans agreed to talks with the House of Representatives on sweeping tax legislation on Wednesday, amid early signs that lawmakers could bridge their differences and agree on a final bill ahead of a self-imposed Dec. 22 deadline. The dollar index was little changed at 93.556 after rising to 93.650 overnight, its highest since Nov. 22. The euro was steady at $1.1800 after slipping 0.25 percent overnight, when it hit a two-week low of $1.1780. Bitcoin briefly soared nearly 3 percent to a new record high of $14,047.40, continuing its surge from below $1,000 at the beginning of the year, despite questions about the cryptocurrency's real value and worries about a dangerous bubble. Bitcoin was last up nearly 2 percent at $13,890 at the Luxembourg-based Bitstamp exchange. The Canadian dollar nursed deep losses suffered overnight after the Bank of Canada held interest rates steady and showed enough caution to dampen expectations for a hike early next year. The loonie was effectively flat at C$0.9902 per dollar after retreating 0.8 percent the previous day. The Australian dollar, hit the previous day by weaker than expected local gross domestic product numbers, extended losses against the buoyant dollar. The Aussie was 0.2 percent lower at $0.7545. The New Zealand dollar fared better after data showed that housing prices in the country jumped 6.4 percent in November. The kiwi was steady at $0.6879. More»
Amwal Al Ghad English - 2017-12-06 06:27:30
The dollar edged down on Wednesday, as concerns about a possible U.S. government shutdown offset optimism about progress on tax reform legislation, while the Australian dollar weakened after economic data showed worrying signs for growth. The dollar index, which tracks the greenback against a basket of six major currencies, inched 0.1 percent lower to 93.297. The euro was steady on the day at $1.1828, while the dollar edged down 0.1 percent against its Japanese counterpart to 112.38 yen. Sterling, already under pressure amid evaporating hopes for a near-term Brexit accord, dipped on Wednesday after a report of a failed plot to kill UK Prime Minister Theresa May. Sky News said on Tuesday, citing sources, that a plan to assassinate May had been foiled. In the U.S., the Republican-controlled House of Representatives voted on Monday to go to conference with the Senate to begin formal negotiations on the tax bill, with the Republican-led Senate expected to hold a similar conference vote later this week. But in the meantime, the possibility of a U.S. government shutdown looms, if lawmakers fail to reach a budget accord this week. Government funding is set to expire Friday. "I think they will avoid a shutdown, but there is concern about that," said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo. "If a tax cut deal can be reached by the year-end, it should be positive for the dollar and the risk-taking behaviour of global investors, but until then, markets are in a wait-and-see-mode," he said. Expectations of higher U.S. rates underpinned the dollar, though a flattening U.S. Treasury yield curve kept investors' hopes in check. Fed funds futures prices show that investors expect the U.S. central bank to hike rates at its Dec. 12-13 meeting, with futures prices showing a zero percent chance of rates remaining at their current level of 1.00-1.25 percent. The two-year Treasury yield probed nine-year highs on Tuesday, but concerns about the tax bill and budget impasse pressured yields on longer maturities. The pound was down 0.2 percent at $1.3426, though it remained above its overnight low of $1.3370. Prime Minister May's failure to clinch a deal to open talks on post-Brexit free trade with the European Union after a tentative pact with Dublin to keep EU rules in Northern Ireland angered her allies in Belfast. "The pound is very sensitive to headline news about these political developments, which is keeping it in check," said Kumiko Ishikawa, FX analyst at Sony Financial Holdings in Tokyo. The Australian dollar slipped 0.3 percent to $0.7585, within sight of its five-month low of $0.7532 plumbed on Nov. 21. Australian gross domestic product grew by 0.6 percent in the third quarter, slowing from the previous quarter's rise of 0.9 percent and a hair short of market forecasts for a rise of 0.7 percent. Marked weakness in household spending cast a cloud over the outlook for growth. Bitcoin was up 3.8 percent at $12,102, after touching a record high of $12,134. More»