Egypt News Dollar shortage caused an inflationary recession in Egyptian local market aya salah Jul 27, 2016 0 The US dollar shortage has stimulated price hikes in the Egyptian market, creating poor economic conditions that…
World Nikkei falls to 2-week low as yen firms before Fed, BOJ meetings Noha Gad Jul 26, 2016 0 Japan's Nikkei share average fell to a near 2-week low on Tuesday as the yen firmed against the dollar ahead of the…
forex news Weaker dollar lifts oil prices, but mood remains bearish Noha Gad Jul 26, 2016 0 Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing…
forex news Dollar slips ahead of Fed meeting, yen gains Noha Gad Jul 26, 2016 0 The dollar slipped ahead of the U.S. Federal Reserve's two-day policy meeting that begins later on Tuesday, while…
forex news Gold in Egypt soars to record high as currency crisis bites Yomna Yasser Jul 25, 2016 0 Gold prices in Egypt soared to a record high on Monday as the country’s currency crisis continues to gather steam…
forex news Dollar buoyant vs yen, euro as risk-on mood prevails Noha Gad Jul 25, 2016 0 The dollar was buoyant against the yen and euro on Monday as the risk-on mood inspired by solid U.S. economic data…
World Asian shares, dollar stay close to recent peaks Noha Gad Jul 25, 2016 0 Asian shares held near nine-month highs on Monday as assurance from policymakers on the need to boost growth…
forex news Egyptian pound hits record low to 12.90 against dollar on black market Yomna Yasser Jul 24, 2016 0 Egypt’s currency has weakened to a record low of 12.90 against the dollar on the black market on Sunday, as the…
forex news Dollar records four-month high as strong U.S. data contrast UK, euro zone weakness Yomna Yasser Jul 23, 2016 0 The dollar index surged to a more than four-month high on Friday as positive U.S. data and weak readings from…
forex news Yen hits six-week low as Japan stimulus hopes support risk sentiment Noha Gad Jul 21, 2016 0 The dollar climbed to a six-week high against safe-haven yen on Thursday, as news of Japan's plans for an economic…