CBE keeps EGP unchanged vs dollar, contradicts flotation forecasts
The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…
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Dollar weaker against yen as U.S. data quash rate hike bets
The dollar fell to its lowest in more than a week against the yen on Wednesday as subdued U.S. data made an…
Asia stocks hit 1-year high as soft U.S. data quells Fed hike talk
The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services…
Asian shares advance, Australia lower as RBA holds rates
Asian shares advanced on Tuesday, while Australian equities remained in negative territory after the Reserve Bank…
Wall Street advances as U.S. payrolls report falls short
U.S. stocks advanced on Friday as a weaker-than-expected payrolls report tamped down expectations for a September…
Nikkei rises to over 2-wk closing high on weak yen; Topix hits 6-wk high
Japanese stocks rose on Wednesday in heavy trade, led by exporters and financials as the dollar stood tall against…
Wall Street rises as hawkish Fed boosts financial stocks
Wall Street rose on Monday morning, helped by financial stocks that gained a day after Federal Reserve Chair Janet…
Dollar rallies, U.S. stocks fall as Fed shakes ‘complacent’ markets
U.S. stocks closed lower in choppy trading and the U.S. dollar surged on Friday as investors grappled with the…
Wall Street slips in wake of comments by top Fed officials
U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as…
Wall Street lower as nerves rise ahead of Yellen speech
Wall Street was lower on Thursday morning as investors nervously awaited Federal Reserve Chair Janet Yellen's take…