Tag: Dollar

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Dollar dips as jobless claims rise more than expected

The dollar dipped on Thursday after data showed U.S. jobless claims rose more than expected last week, raising hopes that a softening labor market...

Can Africa reduce the impact of the US dollar on its emerging markets?

Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, is on currency markets. There are often...

Asian shares stutter, dollar buoyant as data supports hawkish Powell

Asian shares wobbled while the dollar was perched near a three-month top on Thursday after a spate of economic data overnight appeared to support...

Dollar scales 3-month peak as Powell flags higher rates

The dollar scaled multi-month highs against most other major currencies on Wednesday, after Federal Reserve Chair Jerome Powell warned that U.S. interest rates might...

Stocks slump, dollar flies on hawkish Powell

Stocks fell, the dollar hit multi-month highs and U.S. and German short-term bond yields were parked at their highest levels since at least 2008...

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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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