State of uncertainty over devaluing Egyptian pound after Sisi-CBE governor meeting
A state of uncertainty over the timing of the devaluation of Egyptian pound by the Central Bank of Egypt (CBE)…
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UK September inflation jumps to 1.0% year-on-year; highest since November 2014
The U.K.'s battered currency has climbed to a six-day high after inflation data for September revealed a 1.0…
Pound sterling ‘flash crash’ fuels bearish calls of more weakness for UK…
It has not been a great week for sterling, with the currency taking a further pounding overnight and diving to a…
Russian jets pound Aleppo as U.S. clings to diplomacy
Russian war planes struck rebel held areas north of Aleppo on Saturday as the army shelled the besieged old quarter…
FTSE 100 extends 2016 highs as mining shares surge
U.K. stocks went higher on Monday, extending their reach into 2016 highs, with mining shares taking in stride…
Sterling slips as BoE rate call looms, Asian shares boosted by oil
The British pound edged lower on Thursday as investors anticipated the Bank of England would cut interest rates to…
Bets on Egypt currency devaluation mount:WSJ
Britain isn’t the only country with a troubled pound; the Egyptian pound fell Monday to its lowest-ever…
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…
FTSE 100 edged lower as housing, oil shares lose ground
U.K. stocks inched lower on Wednesday, with shares of home builders back under pressure, but a climb in Burberry…
CBE keeps EGP stable against US dollar in FX auction
The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…