Tag: Dollar

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Dollar sits at near two-week low; US inflation test looms

The dollar meandered near a two-week low on Thursday ahead of U.S. inflation data that will help shape the Federal Reserve's next policy steps,...

Euro set for longest losing streak in its history, ahead of U.S. payrolls

The euro was heading on Friday for a record twelfth week of declines against the dollar, unless U.S. jobs data later in the day...

Dollar rally pauses for breath in reprieve for yen, euro

The yen and euro received some much needed relief on Thursday as the dollar and U.S. Treasury yields both stalled after cooler-than-expected U.S. private...

Dollar slips after yen breaches key 150 level

The U.S. currency fell sharply against the yen on Tuesday after briefly rising above the psychological 150-per-dollar level for first time since October 2022,...

Dollar holds near 10-month high, keeps heat on yen, euro

The dollar steadied near its highest level since November against a basket of its peers on Thursday, keeping the yen near a key intervention...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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