Kenyan shilling flat against dollar, LSEG data shows

Kenyan shilling flat against dollar, LSEG data shows
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Kenyan shilling flat against dollar, LSEG data shows
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By Mohamed Ezz and Valerie Volcovici ALEXANDRIA, Egypt/BAKU (Reuters) – Black dust coats streets and collects on rooftops in the neighbourhood adjoining a sprawling cement factory in the Egyptian city of Alexandria. Activists and local residents accuse the plant operated by the Alexandria Portland Cement Company (APCC), a subsidiary of Greece’s Titan Cement, of fouling…
Scope Prime has entered the futures & options space at a time when OTC markets remain dominant in many segments. Why now? Because the execution landscape is recalibrating. Over the past few years, institutions have become significantly more sensitive to execution integrity, margin efficiency, and counterparty concentration. In parallel, capital costs have risen, regulatory scrutiny…
Gold, silver, and the dollar in 2025 are at the center of financial attention across global markets. As geopolitical conflicts escalate and central banks reevaluate their strategies, investors are closely tracking how these assets are evolving. Gold, silver, and the dollar in 2025 reflect a turbulent yet opportunity-rich environment that offers both rewards and risks….
Weaker-than-believed US labour market growth is reportedly fanning scepticism about the US Federal Reserve’s likelihood to cut interest rates in September 2024. Bloomberg reported that economists from Goldman Sachs (GS) and Wells Fargo & Company (WFC) expect that preliminary labour revisions will reflect a 600,000 weaker payroll growth in the year leading up to March…
We expect the Federal Reserve to maintain its monetary policy unchanged next week, in line with broad consensus and market pricing. The Fed will not publish updated projections, so the focus is strictly on Powell’s remarks. We do not expect new guidance on the reserve management purchases or other balance sheet considerations. We maintain our…
Yesterday, significant news regarding US inflation was released. According to ForexFactory:→ Year-on-year Consumer Price Index (CPI): actual = 3.3%, forecast = 3.4%, previous = 3.4%;→ Month-on-month CPI: actual = 0.0%, forecast = 0.1%, previous = 0.3%;→ Month-on-month Core CPI (excluding food and energy): actual = 0.2%, forecast = 0.3%, previous = 0.3%. These official figures…