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Euro surges for 3rd straight week against dollar
The dollar edged higher in light trade Friday as investors bought back greenbacks ahead of the weekend following a…
Dollar bounces but down for third straight week
The dollar rose against most major currencies on Friday, recovering from a five-month low, as traders exited short…
Crude prices fall from 2016 highs as U.S. oil rig count rises
Crude prices settled lower on Friday after the U.S oil rig count rose for the first time since December, renewing…
What will Egypt’s flexible exchange rate look like? – Reuters
Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use…
Oil extends strong gains after supplier meeting agreed
Oil futures extended strong gains on Thursday, continuing to gather support after the world's biggest suppliers…
Foreign, Arab currencies vs Egyptian pound at early trade
Ahead of the Egyptian central bank’s Wednesday exceptional foreign exchange auction, Arab and foreign currencies…
Dollar on hold as Fed outcome looms, kiwi & sterling pressured
The dollar was in a holding pattern on Wednesday as markets waited for fresh guidance from the Federal Reserve,…
Oil rises as U.S. producers struggle; inventories may weigh
Oil prices rose on Wednesday after falling the previous session on expectations U.S. output will decline further as…
Egypt central bank holds pound steady at 8.85 per USD at special auction
Egypt's central bank will hold the Egyptian currency steady at 8.85 pounds per dollar at an exceptional foreign…
Oil prices fall as oversupply lingers, economic slowdown looms
Oil prices fell over half a dollar on Tuesday, extending losses from the previous session as concerns took hold…