Tag: US dollar

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Dollar inches higher on Fed rate expectations, hits 6-month peak vs yen

The U.S. dollar inched higher for a second day on Tuesday - touching a six-month peak against Japan's yen - on expectations that U.S....

Debt ceiling hopes lift dollar to seven-week peak

The U.S. dollar hit a seven-week peak on Thursday after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked towards avoiding a...

Dollar gains after US retail sales; debt ceiling in focus

The U.S. dollar rose on Tuesday after data showed retail sales in April were lower than expected but suggested a firm underlying trend, with...

Dollar rebounds after tumbling on SVB collapse, with CPI data incoming

The dollar rose in somewhat calmer trading on Tuesday, after tumbling on Monday following the collapse of Silicon Valley Bank (SVB), as investors waited...

Euro rally pauses ahead of Europe inflation data

The euro fell against a strengthening dollar on Thursday, after having posted its largest one-day gain in a month, ahead of euro zone inflation...

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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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