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forex news
U.S. Oil falls as the concerns about Saudi’s supplies decrease
The prices of crude oil futures’ contracts in the U.S. decreased by about 2% on Friday, as a result of decreasing…
Dollar and Euro declined amid quiet trading at exchange companies
Exchange companies’ transactions witnessed during the last week a decline in the Dollar exchange rate of about half…
Military police prevailed security in the Egyptian company for iron and steel
Military police managed to save the Egyptian Iron and Steel Company from thieves and outlaws after the company…
Dollar recovers as Bernanke gave no signal of purchasing more bonds
The dollar gained support after Ben Bernanke -U.S. Federal Reserve Chairman- on Wednesday giving no signal that the…
Euro weakened by traders’ profit-taking
The Euro dipped to a one-week low against the dollar on Thursday on profit-taking after a huge injection of cash by…
Gold gains more than 1% in Asian trading
Gold Prices of immediate sale rose for more than 1% to reach 171.66 $ per ounce in Asian trade on Thursday, after…
China’s Unipec buy 100,000 barrel of Libyan oil daily for 2012
The Chinese Company “Unipec” has agreed to buy about 100,000 barrels of crude oil per day from Libya under a term…
Steel companies fix the price in March at 4650 EGP per ton
Steel companies announced that they will fix the steel price in march 4500 EGP per ton for delivery in factory, and…
Sugar and Wheat prices rise globally
Global prices of sugar and wheat have witnessed a significant increase during the current times in London Stock…
Brent exceeds 122 Dollars as financial markets gain
Crude oil exceeded 122 $ on Wednesday after two days of losses following the gains in financial markets as a result…