Cabinet: EGP best performance among emerging markets currencies over 3 years

Mon, 13 Jul 2020 - 11:29 GMT

The Egyptian pound is the least affected by the coronavirus ramifications, a matter which proves the State's successful policies at the economic level, according to an infographic.

Dollar little changed after biggest weekly loss in three months

Mon, 10 Dec 2018 - 09:36 GMT

Against a basket of currencies .DXY, the dollar was flat after falling 0.8 percent last week, its biggest weekly drop since late August.

Asian shares pare losses on U.S.-China trade optimism, oil slides

Tue, 13 Nov 2018 - 09:11 GMT

Chinese shares reversed earlier losses to be in the positive territory. The blue-chip index .CSI300 was last up 0.1 percent.

Asia buoyed by post-election Wall St rally, dollar bounces

Thu, 08 Nov 2018 - 10:10 GMT

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was last up 0.8 percent to stand at its highest since Oct. 8.

Dollar keeps to tight ranges as investors brace for U.S. elections

Tue, 06 Nov 2018 - 08:52 GMT

“Markets are increasingly pricing in the possibility of a victory for the Republicans - even in the House,” said Masafumi Yamamoto, chief currency strategist at Mizuho Securities.

Dollar holds firms, yuan at 10-year low on fresh Sino-U.S. trade anxiety

Tue, 30 Oct 2018 - 09:20 GMT

Trump and his Chinese counterpart are due to meet on the sidelines of the Group of 20 leaders summit in Argentina at the end of November.

Dollar edges higher on escalating global trade tensions

Mon, 03 Sep 2018 - 08:34 GMT

Trump on Friday had notified Congress of his intent to sign a bilateral deal with Mexico after talks between Washington and Ottawa soured.

Euro falls to a one-week low vs sterling

Thu, 30 Aug 2018 - 08:27 GMT

In early London trading, the euro weakened 0.2 percent to a one-week low against the British currency at 89.73 pence, taking its cumulative losses from the previous session to 1.3 percent.

Turkey's lira falls again, but Albayrak sees no risk to economy

Wed, 29 Aug 2018 - 09:07 GMT

The Turkish lira weakened as far as 6.4 to the dollar in early trade on Wednesday, its weakest since Aug. 15. By 0728 GMT, it was at 6.3700.

Asian shares edge up, but political, economic woes hurt sentiment

Wed, 22 Aug 2018 - 07:54 GMT

Investors in the region took some comfort from hopes that the trade talks between the U.S. and China expected this week will ease trade tensions.

Euro falls with investors cautious about U.S.-China trade talks

Mon, 20 Aug 2018 - 09:11 GMT

The euro fell 0.2 percent to $1.1421 EUR= but was still above 2018 lows of $1.3010 hit last week.

Asia shares nudge up with yuan, wary on Sino-U.S. talks

Mon, 20 Aug 2018 - 08:48 GMT

Spreadbetters pointed to a mildly positive start for European shares with FTSE futures up 0.1 percent. Eurostoxx 50 futures opened 0.3 percent higher.

Euro rebounds from 13-month lows, dollar weakens on U.S.-China talks

Thu, 16 Aug 2018 - 10:47 GMT

Many emerging market currencies also rose, clawing back some of Wednesday’s losses thanks to easing fears over the knock-on effects from a slide in the Turkish lira.

Turkish lira firms before finance minister's presentation

Thu, 16 Aug 2018 - 10:30 GMT

The currency gained some support from the announcement late on Wednesday of a Qatari pledge to invest $15 billion (11.8 billion pounds) in Turkey.

Shares, emerging market currencies steady after fresh mauling

Thu, 16 Aug 2018 - 09:44 GMT

Asian equities had hit one-year lows overnight as they tracked Wednesday’s global falls and Tencent results disappointed

Stocks, emerging currencies, lick wounds as lira bounces for second day

Wed, 15 Aug 2018 - 11:49 GMT

The lira bounced another 5 percent, sharply extending Tuesday's gains as authorities further tightened the screws on foreigners aiming to short the currency.

China stock rally steadies nerves, Russian ruble hammered

Thu, 09 Aug 2018 - 08:32 GMT

Hopes for more Chinese infrastructure spending also underpinned industrial resources including iron ore and copper.

Euro gains as dollar rally fades; yen rebounds

Wed, 08 Aug 2018 - 10:18 GMT

The dollar has weakened since hitting a three-week high on Monday, when the prospect of a full-blown trade war increased demand for the U.S. currency.

Bumper U.S. earnings, China stimulus hopes keep world shares at one-week high

Wed, 08 Aug 2018 - 09:22 GMT

U.S. equities now stand less than half a percent off record highs hit in January, testifying to the strength of the world’s biggest economy and corporate sector.

Euro perched at three-day high on trade talk hopes

Thu, 26 Jul 2018 - 09:19 GMT

U.S. President Donald Trump said they had agreed to “work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods.”