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23 May 04:08 PM

Currencies

20 May 02:58 PM Bitcoin’s leap echoes 2017 dramatic price swings–JPMorgan
The digital currency climbed well beyond its “intrinsic value,” mirroring a similar pattern in 2017, which preceded a plunge later on.
Global Reports
17 May 05:01 PM Chinese yuan hits 5M low amid US-Sino trade tensions
The offshore Chinese yuan tanked to its weakest since November 2018 amid worries over the impact of an escalating trade tensions.
Global Reports
17 May 04:09 PM UK inter-party Brexit talks break down; sterling plunges
Brexit talks between the ruling Conservative Party and the opposition Labour Party ended without an inter-party deal, throwing the UK further into disarray, CNN reported.
Global Reports
13 May 01:03 PM Bitcoin leaps above $7,000 amid crypto rally
The biggest digital currency went bullish after hovering near $5,000 at the beginning of May.
Global Reports
6 May 03:31 PM Turkish lira slips on Istanbul election re-run, China tariff threat
Turkish lira on Monday plunged against the US dollar on Monday.
Currencies
26 April 01:43 PM Russian rouble stable ahead of C.Bank rate-setting meeting
The Russian rouble was flat against the US dollar earlier in Friday trade ahead of the central bank board meeting.
Currencies
24 April 04:21 PM Turkish lira hits weakest intraday low in 6M
The Turkish lira dropped against the dollar on Wednesday, recording the weakest level since mid-October 2018.
Global Reports
19 April 12:38 PM Euro slips on soft European factory activity amid thin trade
The Euro weakened against the US dollar on Friday, on the back of weak manufacturing figures in Europe, Reuters reported.
Currencies
19 April 12:05 PM US dollar firms on positive US data amidst light trade
The dollar steadied on Friday, after tapped its highest level overnight in two weeks and a half on strong US economy outlook.
Global Markets brief
18 April 04:11 PM Turkish lira weakens to 6.5M low
Turkish lira plunged after the central bank used billions of dollars in short-term borrowing to boost its reserves, the Financial Times reported.
Global Reports
8 April 06:13 PM Turkish lira extends fall amid political uncertainty
The Turkish lira on Monday continued its dive against the dollar.
Global Reports
2 April 05:23 PM Sterling seen ‘biggest opportunity’ despite Brexit impasse - Goldman Sachs
The sterling pound as the "biggest opportunity" among its developed-market peers, as a probable resolution to the Brexit deadlock seemed imminent, according to Bloomberg.
Currencies
28 March 02:50 PM Turkish lira stumbles 5% on dropping C.bank reserves
Turkish lira dropped more than 5% on Thursday after data released from the central bank showed that foreign reserves fell by nearly $10bn.
Currencies
25 March 12:41 PM Lira recovers as C.bank vows price stability, reserve accumulation
The Turkish lira recovered on Monday, reclaiming lost ground after seeing its worst day since a plunge last year, Bloomberg News reported.
Global Markets brief
22 March 07:32 PM Lira plunges over emerging Turkish-US tensions
The Turkish lira dropped against the US dollar on Friday, despite the US Federal Reserve's move to put a brake on interest rat hikes.
Currencies
21 February 10:27 AM Gold hovers below 10M-highs as dollar stabilises after Fed minutes
Investors were also closely awaiting the outcome of trade talks between the US and China
Currencies
11 February 06:58 PM Euro hits new 2019 low; dollar rallies on risk appetite
The euro fell against the US dollar, hitting the lowest level seen this year, as the greenback strengthened on improving risk-taking appetite.
Global Reports
23 January 10:45 AM Abu Dhabi development fund to deposit $3bn in Pakistan c.bank
ADFD has set up plans to deposit $3 billion into Pakistan’s central bank in a bid to support the South Asian country’s government.
Currencies
3 January 12:12 PM Oman to raise $6.4bn to finance budget deficit
Oman plans to tap capital markets for the fourth successive year to fill its budget shortfall.
Currencies
19 December 2018 10:44 PM Federal Reserve expects two interest hikes in 2019
The United States Federal Reserve announced on Wednesday its decision to raise interest rates by 0.25% to a range between 2.25% to 2.5%
Currencies
19 December 2018 10:04 PM Federal Reserve hikes interest rates 0.25%
The United States Federal Reserve announced on Wednesday its decision to raise interest rates by 0.25% to a range between 2.25% to 2.5%
Currencies
18 December 2018 06:24 PM Bitcoin edging closer to $3,600
Bitcoin added 4.4% and reached the level of $3,590
Currencies
14 December 2018 00:48 AM Trump wants Fed to stop interest hikes  
Mubasher: The President of the United States hopes that the Federal Reserve will not be raising interest rates anymore
Global Reports
9 December 2018 04:14 PM Kuwait C.bank asks forex firms to raise capital requirements
Currencies
5 December 2018 08:34 PM BOC maintains interest at 1.75%
In October the bank hiked interest for the fifth time since the June 2017
Currencies