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EGP stable against USD in Egypt central bank’s weekly auction
The Central Bank of Egypt maintained the Egyptian pound at a stable rate of 8.78 against the US dollar at its…
Dollar rebounds against yen on Fed rate talk
The dollar rebounded from 7-week lows against the yen on Wednesday following hawkish comments from Federal Reserve…
Oil prices fall on doubts producers can agree output restraint
Oil prices fell away from 5-week highs on Wednesday as analysts doubted possible producer talks to rein in…
Oil remains near five-week high on expectation of producer action
Oil prices remained near five-week highs on Tuesday, fueled by talk of producers taking action to prop up the…
Dollar on defensive, hits one-month low vs yen
The dollar hit a one-month low against the yen on Tuesday, staying on the defensive after recent U.S. economic data…
Oil prices dip as traders cash in on two-week price rally
Oil prices edged away from 5-week highs on Tuesday, with traders cashing in on a 16-percent rally since early…
China central bank: yuan’s global acceptance to be driven by market
The internationalization of the yuan has exceeded people's expectations and its global acceptance will be driven by…
Oil hits August high on potential producer action to prop up market
Oil prices rose on Monday to fresh highs for the month of August, with the Brent benchmark gaining 11 percent since…
Dollar pinned by easing Fed rate hike expectations
The dollar was softer on Monday, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve…
Dollar, yields fall after tepid U.S. economic data
Soft U.S. economic data weighed on the dollar and Treasury yields on Friday and pressured stock prices, but Wall…