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Oil prices jump as market expects extended production cut
Oil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening…
Dollar prices firm after bounce from multi-month lows, focus shifts to Fed
The dollar held firm early on Wednesday, having rebounded from 6-1/2-month lows against its major peers thanks…
Egyptian pound flotation poses challenges for banks’ 2016 financial positions
The decision of the flotation of the pound towards the end of last year affected all banks in the banking sector…
Oil prices fall as White House proposes US oil reserve sales
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil…
Gold dips as Asian stocks gain, but Trump worries support
Gold prices edged lower on Monday as Asian stocks gained, although political worries surrounding U.S. President…
Dollar inches up but US political woes keep it near 6-month lows
Dollar prices inched higher on Monday, but remained close to six-month lows against a basket of currencies as…
Dollar prices head for worst week in over a year
U.S. dollar was poised on Friday for its worst week since April 2016 against a basket of major currencies,…
US crude settles at 4-week high of $50.33
Oil prices rose on Friday, posting a second week of gains on growing expectations that OPEC and other producing…
Oil prices dip as supplies remain ample despite production cuts
Oil prices dipped on Thursday, weighed down by plentiful supplies despite an ongoing effort led by OPEC to cut…
Dollar nurses losses as Washington rocked by new probe into Trump’s campaign
The dollar wallowed near six-month lows against a basket of major currencies on Thursday as the U.S. political…