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…
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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…
Would CBE devaluate Egyptian pound on Tuesday
The banking market awaits the launch of the tender by the Central Bank of Egypt (CBE) to sell US dollars to banks…
Pound rises against dollar, while yen falls
The pound sterling edged up against the dollar on Monday, with credit going in part to buzz around a possible U.K.…
