Tag: Dollar

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Dollar eases as investors ponder outlook for Fed rates

The dollar held around five-week lows on Wednesday, before the conclusion of the Federal Reserve's policy meeting at which investors will be looking for...

Central bank rate bets send dollar, sterling, franc different ways

The dollar fell and sterling steadied on Tuesday as traders reckoned banking stress could keep the Federal Reserve and the Bank of England from...

Safe-haven yen regains footing as caution builds over bank contagion

The safe-haven yen rebounded from early steep declines and the risk-sensitive Australian and New Zealand dollars flipped to losses as early optimism ebbed over...

Sterling awaits UK Budget, dollar finds footing as SVB fears calm down

Sterling and euro steadied ahead of British government's budget announcement later on Wednesday and the European Central Bank's looming interest rate hike on Thursday. The...

Dollar demand picks up sharply as turmoil in banks rattles investors

 Demand for U.S. dollars in the currency derivative markets surged on Friday to its highest since mid-December, after a meltdown in U.S. banking stocks...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

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...

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