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The Watch
Sterling steady on Wednesday, markets await rate cut
The pound sterling traded largely unchanged on Wednesday as markets awaited the Bank of England’s upcoming policy…
Egyptian pound eases slightly against US dollar – CBE
The Egyptian pound (EGP) saw a minor decline against the US dollar (USD) on Wednesday, August 6, 2025, according to…
Oil rises on Wednesday
Oil prices edged higher on Wednesday, recovering from a five-week low as traders weighed the risk of supply…
EGP wavers against US dollar in early trade
The Egyptian pound (EGP) recorded variations against the US dollar (USD) in early trading on Wednesday, August 6,…
Egypt’s WEPCO boosts output to record 8,300 bpd
Egypt’s Western Desert Operating Petroleum Co. (WEPCO) increased its total production to 8,300 barrels of oil per…
Egyptian pound edges higher vs US dollar at Tuesday’s close
The Egyptian pound (EGP) appreciated against the US dollar (USD) on Tuesday, August 5, 2025, according to data from…
Egypt’s gold reserves edge up in July – CBE
Egypt’s gold reserves rose to $13.639 billion at the end of July from $13.586 billion in June, a 0.4 per cent…
EGP swings vs. USD as markets open on August 5
The Egyptian pound (EGP) experienced fluctuations against the US dollar (USD) in early trading on Tuesday, August…
Egyptian pound gains vs. US dollar at Monday’s close
The Egyptian pound (EGP) rose against the US dollar (USD) on Monday, August 4, 2025, according to data from the…
Sterling extends gains ahead of BoE rate call
The pound sterling rose against the US dollar on Monday, extending Friday’s gains as a weaker-than-expected US jobs…