GulfBase GCC Cap Indices
Large Cap4,413 0.44
Med Cap5,433 0.08
Small Cap7,095 -0.04
Micro Cap10,663 -0.25

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SAVOLA 67.34 734,561
TIRECO 44.09 225,804
RIBL 16.72 659,765
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Forex News

Dollar at 1-month highs, awaits U.S. data for policy cues

The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates. The dollar index last traded at 96.604 after

G7 finance ministers to discuss recent forex moves

Finance ministers and central bankers from the Group of Seven industrialized nations will discuss recent foreign exchange movements when they meet in Germany this week, a senior Canadian official said on Monday. The official also told reporters that

Kiwi up slightly on trade data, investors await more on Greece

The New Zealand dollar gained slightly on Tuesday in Asia after solid trade figures as investors look ahead to more on Greece's debt woes. NZD/USD traded at 0.7310, up 0.01%, while EUR/USD changed hands at 1.0970, down 0.07%. New Zealand's trade balance

Dollar hits two-month high vs yen after CPI boost

The dollar marched to a two-month high versus the yen on Monday and carved out fresh ground against other major currencies after stronger-than-expected underlying U.S. inflation supported the Federal Reserve's case for a rate hike later this year. The

Dollar’s Best Week Since 2011 Fuels U.S. Rebound Expectations

The dollar has regained its footing after a five-week wobble. The U.S. currency strengthened further Monday after completing its biggest weekly gain since September 2011 as data signaled the economy is starting to recover from a tepid first quarter. Core

Dollar firms against yen, euro in Asia

The dollar held on to gains against other major currencies in Asian trade Monday after surging last week on a jump in US core inflation. The greenback firmed to ¥121.68 in late morning Tokyo trade, up from ¥121.52 on Friday in New York. The euro eased to

Euro may fall below $1.30 by Q4: Report

The sliding euro could fall below parity with the United States dollar by the fourth quarter - the first time this would have happened since December 2002. In making the forecast, Bank of Tokyo-Mitsubishi UFJ (BTMU) estimated that the euro would hit

Citigroup to sell online FX trading platform

Citigroup said it is selling its margin foreign exchange business, including the CitiFX Pro and TradeStream platforms to US-based FXCM and Danish investment bank Saxo Bank. "We believe this transaction is in the best interest of Citi's Margin FX clients,

US Dollar Recovery Fighting Liquidity, Growth Headwinds

There is little doubt in the market consensus that the Fed will be the first major central bank to hike rates, and that will maintain a long-term bid for the Dollar. Yet, in the interim, the particular timing of that launch can continue to cause wobbles

Barclays share price in focus as US regulator looks into automated FX

New York’s banking regulator is stepping up a probe into computer-driven currency trading, the Financial Times has reported, with the investigation also covering Barclays Plc (LON:BARC). The news comes after earlier this week the UK lender was fined $2.4

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