Dollar

Business Interviews

Dollar Car Rental UAE goes the extra mile with new bespoke services

Arnold Pinto 02/05/2025

Putting customer satisfaction first Dollar Car Rental UAE was a major exhibitor at the Arabian Travel Market 2025, held in Dubai from April 28 to May 1, 2025. With one of the UAE’s largest and most diverse rental car fleets, the Zabeel Rent A Car licensee is a significant player in the

NEWS DESK

Dollar Unveils Innovative Mobility Solutions and Subscription Loyalty Program at ATM 2025

PR News Desk 29/04/2025

With the UAE’s car rental market projected to surpass USD 214.7 million and serve more than 829,000 users by 2029, Dollar Car Rental UAE has seized the opportunity and spotlight at Arabian Travel Market (ATM) 2025 by unveiling a trio of innovative mobility services and a strategic lifestyle partnership with Danube Sports World. Regionally, the […]

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Between Oil Prices Fluctuations & Dollar Weakness, UAE Demonstrates Ongoing Resilience

PR News Desk 29/04/2025

Global markets, investors, and consumers are navigating heightened uncertainty amid ongoing discussions around Trump-era tariffs, weakening oil prices, and a softening US Dollar. These forces are actively influencing strategies, policies, investment allocations, and wealth management approaches worldwide. How are these factors affecting the UAE Dirham and reflecting on the

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Dollar’s New Launch at ATM 2025 Promises Less Hassle, More Freedom

PR News Desk 23/04/2025

Arabian Travel Market 2025 is set to spotlight the future of global tourism, with innovation, technology, and enhanced connectivity taking centre stage. Among the brands making bold moves at this year’s event is Dollar Car Rental UAE, which will debut a new suite of smart, customer-centric mobility solutions. Driving Innovation in the UAE’s Travel Landscape […]

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COT report: Traders turn selective despite ongoing broad commodities rally. Dollar selling continues – Saxo Bank MENA

PR News Desk 25/02/2025

Commodities: Following several weeks of widespread buying across most commodities and sectors, hedge funds began to exhibit signs of caution, adopting a more selective approach during the week leading up to 18 February. This period saw the Bloomberg Commodity Index climbing by 1.6% to reach a new 17-month high, buoyed by gains across all sectors […]

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Gold Soars Amidst Geopolitical Tensions and Dollar Weakness

PR News Desk 20/11/2024

Gold prices surged on Monday, reversing a recent downward trend as the U.S. dollar weakened and concerns over the Russia-Ukraine conflict intensified. The precious metal, often seen as a safe-haven asset during times of economic and geopolitical uncertainty, benefited from increased investor demand. Geopolitical Tensions Fuel Safe-Haven DemandThe escalation of the

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Gulf Markets Slip as Oil Prices Rebound Amid Fed Rate Speculation and Dollar Strength – APM Capital Market Report

PR News Desk 14/11/2024

GCC market Most stock markets in the Gulf ended lower on Wednesday ahead of crucial U.S. inflation data that will offer more clarity on the pace of the Federal Reserve’s interest rate reductions. Saudi Arabia’s benchmark index declined 1%, weighed down by a 1.7% fall in aluminum products manufacturer Al Taiseer Group and a 1.9% […]

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Trump’s Win – U.S. stock futures, the dollar, and the treasury yields all rising – Noor Capital

PR News Desk 06/11/2024

Former President Donald Trump has declared victory in the 2024 presidential election after Fox News projected his win over Democrat Kamala Harris, marking a remarkable political comeback. Trump’s projected triumph included key battleground states—Pennsylvania, North Carolina, and Georgia—with reported leads in other decisive states, according to Edison Research. Other news

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Gold Faces Sixth Consecutive Decline Amidst Strengthening Dollar – Century Financial

News Desk 09/10/2024

Gold is trading lower for the sixth straight session on Wednesday. The greenback has rallied in recent days amidst expectations of a more moderate pace of policy easing by the Fed. The markets are now expecting 50 bps of rate cuts in 2024, down from 75 bps just two weeks ago. There is an 87% […]

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Commodities sector eyes fourth weekly gain amid softer dollar and Fed expectations – Saxo Bank MENA

PR News Desk 02/09/2024

Commodities The commodities sector is heading for its fourth consecutive weekly gain, and throughout August the sector has been supported by a combination of a softer dollar, lower Treasury yields, and expectations the US Federal Reserve will announce the first of several cuts at the 18 September FOMC meeting. Traders and analysts watching US economic […]

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Funds boost metals investment as dollar long positions halve amid weakness – Saxo Bank MENA

PR News Desk 27/08/2024

Commodities The reporting week saw global financial markets continue a strong rebound, with early August’s market turmoil now a distant memory. Instead, increased expectations for a September US rate cut helped drive stock markets sharply higher and the dollar and long-end US Treasury yields lower. Elsewhere, China, the world’s top consumer of commodities,

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Oil rises but hits lows; gold rebounds on weaker dollar  – Saxo Bank MENA

PR News Desk 26/08/2024

Commodities WTI crude oil futures rose 2.49% to $74.83 per barrel, while Brent crude futures increased 2.33% to $79.02 per barrel. Despite these gains, both benchmarks hit their lowest levels since early January due to a significant downward revision in U.S. job growth estimates. Morgan Stanley predicts a surplus in oil supply by 2025 as […]

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Oil Futures Rise on U.S. Crude Inventory Drop; Gold Steady Amid Dollar Gains and Mideast Tensions – APM Capital Market Report

PR News Desk 08/08/2024

Mark Pussard, Head of Risk, APM Capital Commodities Oil futures rose Wednesday, finding support as data showed a fall in U.S. crude inventories and as stock markets continued their recovery from a global rout that had served to pull down commodity prices. West Texas Intermediate crude for September delivery finished with a gain of $2.03, […]