EGP to USD Exchange Rates & Currency Deals

Current market bias: The USD to EGP exchange rate is currently range-bound. Key drivers: - Interest rate differential: Expectations of further interest rate cuts by the Federal Reserve create a bearish outlook for the USD. - Risk sentiment: Improving economic conditions in Egypt support the EGP, with projected growth of around 4.7% in 2026. - Macro factor: Recent decline in US inflation from 3% to 2.7% contributes to the weakening of the USD. Near-term range: The exchange rate is likely to fluctuate within a stable range relative to current prices over the next few months. What could change it: Upside risks could arise from stronger-than-expected US economic data, while downside risks may come from increased global uncertainties or setbacks in Egypt's economic performance. For Twitter: USD/EGP is range-bound as US inflation dips to 2.7%, hinting at potential Fed interest rate cuts. Improved economic conditions in Egypt support the EGP, but global uncertainties could pose a risk. Future trends will depend on US economic data