Asian markets surge on Monday
Asian markets surged on Monday, led by a 4.1 per cent jump in Japan’s Nikkei to record highs, after a decisive…
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currencies
Global markets retreat on Wednesday
Global markets retreated on Wednesday as investors reassessed the impact of artificial intelligence on technology…
Asian markets fall on Wednesday
Asian stocks extended losses on Wednesday as renewed tension over US threats to seize Greenland revived the Sell…
Global markets slide on Monday
Global markets retreated on Monday as fresh US tariff threats against Europe rattled investors, weakened the…
Asian stocks end 2025 higher as AI rally powers markets
Asian stocks drifted on the final trading day of the year, capping a strong 2025 marked by a powerful rally in…
Asian stocks climb to six-week highs on Monday
Asian stocks climbed to six-week highs on Monday, while the dollar hovered near its weakest level in almost three…
Asian shares edge higher on Wednesday
Asian shares edged higher on Wednesday, marking a year of strong gains driven by artificial intelligence.
Global stocks mixed on Wednesday
Global markets traded mixed on Wednesday as a noisy US jobs report failed to shift expectations for interest rate…
Asian stocks fall on Tuesday
Asian stocks fell on Tuesday while the dollar hovered near two month lows, as investors turned cautious ahead of…
Asian stocks fall on Monday
Asian stocks fell sharply on Monday, pressured by a Wall Street selloff, renewed concerns over China’s property…
Global markets edge higher on Monday
Global share and bond markets were cautiously upbeat on Monday as investors priced in a likely Federal Reserve rate…
Global markets stabilise on Wednesday
Global markets steadied on Wednesday as a rebound on Wall Street and a pause in this week’s bond and cryptocurrency…
Asian stocks rise on Thursday
Asian stocks climbed on Thursday as growing expectations of a US Federal Reserve interest rate cut next month…
Sterling gains as US recession fears weigh on dollar
Sterling rose 0.4 per cent to $1.2931 on Tuesday as concerns over a US recession pushed investors away from the…
Sterling steady as investors await inflation data
The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
Sterling outperforms major currencies against dollar
The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…
Russian rouble real rate hits 1.8% in July
The real effective exchange rate (REER) of the Russian rouble against the currencies of the country's main trade…
Billions in dollar, euro shipped to Russia despite sanctions
Around $2.3 billion in dollar and euro banknotes have been shipped to Russia since the US and EU banned cash…
Bank of Russia halts trading in Hong Kong dollar
The Bank of Russia announced on Thursday the suspension of trading in the Hong Kong dollar on the Moscow Exchange…
Gold rises slightly in early Monday trade
Gold rose slightly on Monday due to expectations of US Federal Reserve interest rate cuts in June and a weaker…
Dollar holds ground as inflation fails to stir traders
The US dollar maintained its stability against various other currencies on Wednesday as traders evaluated how the…
Inflation figures dominate, Yen surges
European investors are focused on a heavy dose of inflation data today, including figures from Germany, France,…
Israeli shekel falls to 8-year low
The Israeli shekel fell on Monday to an almost eight-year low against the U.S. dollar due to the ongoing war…
Russia’s central bank includes Egyptian pound in its official exchange rates list
Russia’s central bank has included the Egyptian pound in its list of currencies it sets official exchange rates for…
Egypt’s pound hits EGP 29.76 against dollar at closing
Egypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks on…
UPDATE: Egypt’s pound hits all-time low against dollar at EGP 32.15
Egypt’s pound currency has dived to an all-time low of EGP 31.15 against the U.S. dollar on Wednesday.
BREAKING: Egypt’s pound hits new low against dollar, nears EGP 32
Egypt’s pound currency has plunged to an all-time low of EGP 30.90 against the U.S. dollar on Wednesday after the…
Egypt’s pound inches down to EGP 27.60 against dollar in some banks
Egypt’s pound currency inched down to EGP 27.50 against the U.S. dollar for buy and EGP 27.60 for sell at banks at…
Egypt’s pound surpasses EGP 25 level against dollar in some banks
Egypt’s pound currency dropped to exceed the EGP 25 level against the U.S. dollar during the morning trade at banks…
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
Egypt’s pound currency is now under the forces of supply and demand since October 27 when the central bank moved to…
Hisham Ezz Al-Arab: Flexible currency helps Egypt absorb external shocks
Flexible currency makes it easier for a country to absorb external shocks, said Egyptian veteran banker Hisham Ezz…
Dollar firm as markets get ready for another big Fed rate hike
The dollar firm kept below a two-decade high versus major peers on Tuesday.
Dollar exchange steady at Egypt’s major banks
The US dollar exchange rate was flat during Wednesday's transactions at Egypt's major banks.
Dollar hikes against euro, yen after surprisingly firm U.S. consumer prices
The dollar hiked toward the euro, and yen other currencies on Tuesday.
Euro climbs due to ECB signals, weakening dollar
The euro climbed to a more than three-week peak versus the dollar on Monday.
Bitcoin falls to lowest level since June
Bitcoin prices fell and traded below $19,000 on Wednesday to reach their lowest levels since June as traders…
Sterling jumps due to new UK PM’s energy bill plans
Sterling jumped 0.6 percent toward the dollar in early trade on Tuesday as the new British Prime Minister Liz Truss…
Rouble rises in early Moscow trade
The rouble rose 60 against the dollar and euro in early Moscow trade on Tuesday.
Dollar prices inch up, kiwi falls as RBNZ flags possible rate cut
Dollar prices rose on Wednesday and antipodean currencies beat a hasty retreat after the Reserve Bank of New…
Dollar falls as trade progress boosts risk assets; kiwi soars
The dollar edged lower against its peers on Wednesday, as rising expectations of a breakthrough in the trade…