New York gold futures fell in trading on Wednesday (February 28) due to pressure from the strengthening of the US dollar. This reduces the attractiveness of gold. By making gold contracts more expensive for holders of other currencies The COMEX (Commodity Exchange) gold contract will be delivered in April. fell $1.40 or 0.07% to close … Read more
The price of the Egyptian pound against the US dollar on the black market this morning, Thursday, January 4, 2024, witnessed a noticeable decline, falling to the level of 53.30 pounds. This rapid decline comes ahead of news of a new floatation of the Egyptian pound, which opens the door to questions about where the … Read more
A money manager from the Bank of Ayudhya revealed that the baht opened this morning at 34.72 baht/dollar after the evening market closed. Yesterday at the level of 34.86/88 baht/dollar. The baht strengthens against the market following the weakening US dollar After last night the United States Announcement of GDP numbers for the 3rd quarter, … Read more
Today, Wednesday, November 29, the dollar fell broadly, recording its lowest level in more than three months against its major counterparts, while the New Zealand dollar rose after the central bank indicated the possibility of raising interest rates further in the future. In the latest trading, the New Zealand dollar rose 0.78 percent to $0.6184, … Read more
A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 36.45 baht/dollar, slightly appreciating from yesterday evening when the market closed at 36.47 baht/dollar. This morning, the baht strengthened slightly from yesterday’s market close. Because last night the US dollar fell after the Chairman of the US … Read more
The Central Bank of Egypt directed banks operating in the country to stop using “direct debit cards” for customers abroad, and to limit their use inside Egypt only, without specifying the time period for implementing this directive, according to 4 heads of banks operating in Egypt who spoke to Al-Sharq. The verbal instructions to banks … Read more
In the wake of the approaching signing of an agreement to raise the US debt ceiling, gold prices are heading down, with expectations of the Federal Reserve raising interest rates, in parallel with the stability of the dollar index. Gold prices are declining and the US dollar index is stable Today, Wednesday, gold prices are … Read more
A money manager from Bank of Ayudhya revealed that the baht opened this morning’s market at 34.10 baht / dollar, depreciating from yesterday’s close at 33.72 baht / dollar. Recently, the baht weakened to 34.16 baht / dollar after the US dollar appreciated. from strong retail sales. In addition, the baht depreciated in line with … Read more
Gold prices rose slightly after hitting their lowest level in more than two weeks in the previous session, against the dollar index declining by 0.1%. Gold prices rise against the decline in the price of the dollar Gold prices rose slightly today, Thursday, after hitting their lowest level in more than two weeks in the … Read more
Brazilian President Luis Inacio Lula da Silva has urged the BRICS nations to find a new currency to replace the US dollar when trading with other countries. It supports China’s efforts to challenge US power. as he prepares to meet with Chinese President Xi Jinping in Beijing Bloomberg News reported that The comments were made … Read more