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USD May Turn Bullish Today

Following yesterday's losses, the US dollar has the potential to stage a bullish correction today providing that this week's Unemployment Claims figure comes in...

Dollar Falls as Risk Appetite Rises

The euro gained against the U.S. dollar and Japanese yen in late trading Tuesday as stronger Japanese equities prompted investors to buy back the...

Dollar Rallies on US Employment Data

The dollar was up versus the major currencies following disappointing non-farm payrolls numbers, highlighting the difficulties the Federal Reserve faces in reducing US unemployment. USD Non-Farm...

DFM ready to introduce ‘Delivery versus Payment’

Dubai Financial Market (DFM) has announced its full readiness to introduce the new settlement mechanism “Delivery versus Payment” (DvP) by the end of fisrt...

MENA Weekly Markets Overview

The political turmoil is Egypt has escalated despite measures being taken by the President. Global Investment House of Kuwait expects regional markets to react...

Further Bearish Movement Expected for USD Today

The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch...

Euro Reaches Two-Month High Against USD

The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as...

DFM benchmark slides 0.32%

Dubai Financial Market General Index (DFMGI) extended its losing streak for the third straight day. It inched down 0.32% with a loss of approx....

EUR Dives from Investor Pessimism

The euro's downturn against its rivals yesterday was brought on at the start of this week's trading by reduced optimism regarding the EU rescue...

US Dollar gains from reduction in US federal deficit

A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...

Dollar weakness continues during the week

The euro came off its New Year's low following a rise in equities and a decision by Japan to buy European bonds that were...

US Dollar falls slightly vs Rivals

The U.S. dollar fell slightly against most of its major currency counterparts on Monday as the euro recovered from its losing streak, signaling a...

Dollar rallies vs Euro as unemployment rate in US falls to...

The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....

Emirates Securities Market Report for the Trading Session of Thursday 06...

The Emirates Securities Market Index has increased by 0.29% to close at 2,695.34 points. Accordingly the Market Capitalization has gained 1.14 Billion AED attaining...

DFM turnover plunges to six-year low

Turnover on the Dubai Financial Market (DFM) fell 60 per cent in 2010, slumping to a six-year low, the company said in its annual...

`Taking Stock’ Top Stories

Bloomberg's Pimm Fox and James Sterngold talk with Colin Gillis of BGC Partners LP, Scott Galloway of Firebrand Partners, Satish Jindel of SJ Consulting...

SCA Board changes brokers’ regulation

Following a Cabinet approval of the new board set-up, the reconstituted board of the Emirates Securities and Commodities Authority (SCA) has held its first...