Dollar prices lick wounds at 13-month low after Fed inflation view
The dollar licked its wounds at 13-month lows against a basket of major currencies on Thursday after the U.S.…
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European markets set to open mixed; Deutsche Bank and Bayer report earnings
European bourses are expected to open mixed on Thursday morning after the U.S. Federal Reserve kept interest…
Gold rises after Yellen hints at only gradual tightening
Gold prices rose on Thursday after U.S. Federal Reserve Chair Janet Yellen said the central bank would only…
Banque Misr, NBE say “new certificates at high interest rates just rumors”
Yahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates at high…
Unexpectedly surge in interest rates by 200 basis points: Egypt CBE
The Monetary Policy Committee (MPC) at the Central Bank of Egypt (CBE) announced raising interest rates by two…
Dollar firms after strong US jobs report, backs Fed hike view
The dollar gained on Friday after a report showed the U.S. economy created far more jobs than expected in June…
Egypt’s Central Bank considers additional hikes in key interest rates
Egypt's government is considering a new hike in key deposit and lending rates; the issue will be discussed by the…
Doha’s hotels suffer in Eid holiday due to Arab boycott
A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector…
Dollar firmer vs yen after Fed’s Dudley strikes hawkish tone
The dollar reached a more than three-week high versus the yen on Tuesday, after an influential Federal Reserve…
Dollar falls on weak data, yen on back foot as BoJ stays pat
The dollar fell against a basket of currencies on Friday on weaker-than-forecast data on housing and consumer…
