Greece-owned Alpha Bank is going ahead with the takeover of Astrobank at a preliminary purchase price of €205 mln, making the new merged entity the third biggest bank in Cyprus. After the
EURUSD trades cautiously after sliding to near the key support of 1.0400 in European trading on Friday. The major currency pair faces selling pressure as fresh tariff threats from US President Donald Trump
Nvidia’s highly anticipated fourth-quarter earnings later Wednesday could be the catalyst that snaps the S&P 500’s four-day losing streak and reignites investor enthusiasm for AI and tech stocks, predicts the CEO of
The EURUSD currency pair retraces its recent gains registered in the previous session, trading around 1.0500 during the Asian hours on Wednesday. It lost ground as the US dollar appreciates amid improving
The US dollar has endured a punishing start to the year, and the factors dragging the greenback lower are unlikely to fade anytime soon, according to a bearish prediction by the CEO
Economic sentiment in Cyprus improved slightly in February, as the benchmark Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points to 109 compared to January’s 108.2 and 108.8 in December. The increase in
The EURUSD currency pair trades cautiously above the key support of 1.0450 on Tuesday as investors await the outcome of the victorious Frederich Merz-led-conservatives’ negotiations with other parties to form a coalition
Markets and investors have responded decisively to Germany’s election result, with the euro strengthening, stocks climbing, and expectations rising for economic reform and fiscal stimulus under Friedrich Merz’s leadership. This is the
Silver edged higher after registering gains in the previous session, trading around $32.60 in Monday’s European session. XAGUSD attracts buyers as the dollar weakens following the downbeat US economic data including Jobless
The EURJPY cross rebounds to near 157.10, snapping the three-day losing streak during the early European session on Monday. The Euro gathers strength as Germany’s conservatives won its election as expected. Traders brace
