News

Dollar steadies below 2-1/2 week high before inflation data; Aussie swoons

  • 14 September, 2021
  • 11:12 am EEST

The U.S. dollar steadied below a 2-1/2-week high that was hit in the previous session, as investors braced for inflation data that might offer clues on the timing of policy tightening by the Federal Reserve at a meeting next week.…

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European FX news roundup: The dollar maintains its lead, while equities seek to recover

  • 13 September, 2021
  • 4:01 pm EEST

European FX news roundup: The dollar maintains its lead, while equities seek to recover Forex market news from the European trade session on September 13, 2021 The market is off to a calmer and brighter start to the new week,…

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APICORP allocates $1 billion to support green projects in the Middle East

  • 13 September, 2021
  • 1:45 pm EEST

The Arab Oil Investments Company (APICORP) announced the allocation of one billion dollars to support green and renewable energy projects and companies, over the next two years, in the Middle East and North Africa. This comes within the framework of…

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After Hurricane Ida, US Gulf producers have restored 50% of their oil output.

  • 13 September, 2021
  • 11:53 am EEST

Offshore oil companies have reopened nearly half of the oil production that was shut down due to Hurricane Ida, which hit Port Fourchon, Louisiana, two weeks ago. According to the Bureau of Safety and Environmental Enforcement, offshore oil operators have…

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European FX news roundup: Risk rises as the week comes to a close.

  • 10 September, 2021
  • 3:30 pm EEST

European FX news roundup: Risk rises as the week comes to a close. Forex market headlines from the European trade session on September 10, 2021 The dollar is expected to conclude the week higher, but it doesn't feel that way.…

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