Euro maintains positive trend, despite dollar rebound
EURUSD has drifted lower from Monday’s highs at 1.1450 and is moving at 1.1410 in Tuesday trading. The Eurozone Consumer Prices Index (CPI) reading for May has shown lower-than-expected inflationary pressures, which gives leeway to the ECB for further monetary easing to support the region’s economy.
The US dollar could slide by as much as 10% over the next 12 months, according to analysts at independent financial advisory
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The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued upward for
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The Swiss Franc extended its winning streak against the US dollar for the third consecutive day on Monday, starting the week on a firm footing as a broadly weak dollar and cautious
MoreThe Euro firmed against the British Pound on Friday, with EURGBP currency pair holding above the 100-day simple moving average (SMA) near 0.8415. This week saw notable contrasts between the U.K. and
MoreThe US dollar could slide by as much as 10% over the next 12 months, according to analysts at independent financial advisory and fintech deVere Group. This follows a growing chorus of
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See All »It has now become clear that in order to keep the European economy going and ensure energy security, gas will be around
By Charles Ellinas In Germany, the new Economics Minister Katherina Reiche has urged construction of new gas-fired power plants. She said, “we
The US and China reached an interim deal on tariffs, drastically reducing their reciprocal rates, the US also agreed on a deal
By Naeem Aslam European and U.S. stock futures opened strong on Friday following positive developments in U.S.-China trade relations and robust earnings
By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced on April 14 that it has
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See All »It has now become clear that in order to keep the European economy going and ensure energy security, gas will be around for much longer than it was thought two years ago. It is difficult to progress energy transition unless it can
Read MoreBy Charles Ellinas In Germany, the new Economics Minister Katherina Reiche has urged construction of new gas-fired power plants. She said, “we
The US and China reached an interim deal on tariffs, drastically reducing their reciprocal rates, the US also agreed on a deal
West Texas Intermediate (WTI) extended its gains for the fourth successive day, trading around $62.70 per barrel during European session on Wednesday.
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See All »EURUSD has drifted lower from Monday’s highs at 1.1450 and is moving at 1.1410 in Tuesday trading. The Eurozone Consumer Prices Index
MoreThe US dollar could slide by as much as 10% over the next 12 months, according to analysts at independent financial advisory
MoreThe Swiss Franc extended its winning streak against the US dollar for the third consecutive day on Monday, starting the week on
MoreThe Euro firmed against the British Pound on Friday, with EURGBP currency pair holding above the 100-day simple moving average (SMA) near
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Government officials from Cyprus and Oman have signed a number of cooperation agreements, enhancing cooperation in maritime affairs and mutual recognition of
The shipping community has welcomed the release of the 25 crew of the Galaxy Leader cargo car carrier, after Houthi rebels hijacked
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See All »The technological transformation of industries and adoption of artificial intelligence by businesses could boost global growth
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Cyprus has issued a recall for 276 vehicles, of which 138 have been identified to carry