Tag: Dollar

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Dollar drops as risk appetite improves after Fed minutes

The U.S. dollar was broadly weaker on Thursday as investors, encouraged by the prospect of a slower pace of interest rate hikes by the...

Sterling climbs as dollar rally wanes

The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three days of gains. The greenback - typically the...

Global stocks slip, dollar steady as retail sales tip Fed outlook

Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clouded the inflation outlook and hopes...

U.S. dollar surges as traders say markets overreacted to U.S. inflation data

The U.S. dollar rose against the euro and sterling on Monday, after sliding to multi-months high, as expectations of a less aggressive Federal Reserve...

Yuan falls to lowest since 2008 global crisis, despite state bank support

China's yuan fell on Friday to its weakest level against the dollar since the global financial crisis of 2008, despite attempts by major state-owned...

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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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