Asian shares at nine-month highs as oil prices, Fed hike views strengthen
Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar…
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Dollar index at four-month high on strong U.S. data, Fed hike hopes
The dollar hit a four-month high against a basket of currencies and rose against the yen on Wednesday, bolstered by…
Profit taking weighs on Asia stocks, dollar holds gains
Profit taking weighed on Asian stocks on Wednesday after a record run on Wall Street showed signs of petering out,…
Shares in Egypt tumble 0.4% as dollar crisis bites
Egypt’s stock market traded lower on Tuesday; main index, EGX30 fell 0.42 percent, to 7596.96 points. Sentiment…
Strong dollar boosts chances for real estate stocks to surge
Most real estate stocks have been on the rise over the past four months, recording various high rates. This rise…
Dollar slips vs yen on profit-taking; kiwi tumbles
The dollar sagged against the yen on Tuesday as investors took profit after its recent rally, while the kiwi was…
Asia shares steady, Softbank bids $32 billion for ARM
The U.S. dollar gained on the yen on Monday as investors unwound safe-haven trades in the wake of the failed coup…
Egypt’s central bank examines 4 scenarios for EGP future against dollar
The Central Bank of Egypt (CBE) is looking into four scenarios for the future of the Egyptian pound against the…
Dollar falls vs safe havens as risk appetite fades
The U.S. dollar fell on Wednesday as risk appetite receded after big moves earlier in the week and following the…
Dollar eases vs yen after rally, sterling steadies
The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/2-week highs recorded this week…