Dollar prices traded above a recent three-year low against a basket of major currencies on Tuesday, having …
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traders
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Industry & Trade
No increase in rice prices at government’s outlets: Egypt ministry
by Yomna Yasserby Yomna YasserEgypt’s Supply Ministry has denied any increase in the price of rice at government outlets following claims …
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forex news
Oil prices slip as analysts warn of correction after 13% gain in the past month
by Yomna Yasserby Yomna YasserOil prices gave away earlier gains on Wednesday as analysts warned of a downward correction after prices …
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forex news
Sterling steadies as traders look to Brexit talks for fresh cues
by Yomna Yasserby Yomna YasserSterling steadied against the dollar and euro on Friday, ending the week at much the same levels …
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forex news
Gold slips further from 3-1/2 month high after US jobs data
by Yomna Yasserby Yomna YasserGold fell in choppy trading on Friday as the dollar rose in the wake of U.S. non-farm …
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forex news
Dollar prices firm with focus on Fed meeting; kiwi edges higher
by Yomna Yasserby Yomna YasserThe dollar held firm near two-week highs versus a basket of major currencies on Tuesday, with traders …
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Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead …
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Financial Institutions
Bitcoin plunges after upgrade is called off, but offshoot ‘bitcoin cash’ surges over 40%
by Yomna Yasserby Yomna YasserBitcoin fell Friday to its lowest since November 1 as traders bet on its offshoot, bitcoin cash, …
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Egypt’s General Authority for Supply Commodities (GASC) has rejected media reports claiming that wheat imports from France …
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Industry & Trade
Minister: Egypt to issue guidelines on wheat imports in two weeks
by Yomna Yasserby Yomna YasserEgypt will issue a streamlined guide on wheat imports within two weeks that will detail all specifications, …