Tag: Euro

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Euro steadies after Lagarde promises rate hike as inflation still too high

The euro held its ground on Thursday, above a two-month low, after European Central Bank (ECB) President Christine Lagarde said inflation remains too high and further...

Stocks and euro sag ahead of expected ECB rate hike

Europe's stock markets and the euro sagged on Thursday as investors waited for another European Central Bank rate rise after the U.S. Federal Reserve...

Euro falls on GDP data, yen slumps as BOJ maintains ultra-low rates

The euro fell on Friday after economic data painted a mixed picture for growth and inflation across the euro zone, raising uncertainty around the size of...

Dollar weakens on further signs of slowdown, euro rebounds

The dollar retreated on Wednesday on further signs of a U.S. economic slowdown after orders for core capital goods slipped more than expected in...

Euro, dollar steady as bank fears recede, inflation in focus

The U.S. dollar and euro steadied on Thursday as concerns over the banking sector receded, while investors switched focus to inflation for more hints...

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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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