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…
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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…
IMF’s $12 bln loan ‘not enough’ to save Egyptian pound: ex-finance minister
A $12 billion IMF loan will definitely support Egypt’s foreign reserves and budget but it won’t be enough to curb…
Kiwi hits 1-year high after RBNZ rate cut falls short of expectations
The New Zealand dollar surged to its highest level in more than a year on Thursday after the Reserve Bank of New…
Dollar drops as Fed rate rise prospects reassessed
The dollar fell against a basket of currencies on Wednesday as investors re-evaluated whether the U.S. Federal…
Asian shares hit 1-year high, dollar slips on weak U.S. data
Asian shares hit a one-year high on Wednesday while the dollar and Treasury yields slid on weak U.S. productivity…
Return to normal demand on US dollar in Egypt’s informal market
The informal currency trading market has experienced a noticeable state of calm with the return to normal demand on…
Sterling falls, dollar steady on Fed rate hike views
Pound sterling skidded in Asia Tuesday on speculation of further U.K. policy easing, while the dollar held its…
Egypt central bank shuts down so far 47 currency exchange bureaus
Egypt’s central bank has shut down and revoked the licences of 47 foreign exchange bureaus so far after finding…
Egypt’s foreign reserves down to $15.536 bln in July
Egypt's net foreign reserves dropped sharply to $15.536 billion at the end of July, the central bank announced…