By Jameel Ahmad, Chief Market Analyst, FXTM The Dollar has commenced weekly trading with an attempt to regain momentum after suffering extreme losses following an unbelievably weak US Non-Farm payroll report at
By Jameel Ahmad, Chief Market Analyst, FXTM Many watching the market must be in complete shock and rubbing their eyes when reading the headline that the United States added an unbelievably weak
* “Use it or lose it” – CEO wants other airlines’ licenses revised; Russia-China-Iran most promising future markets * Cobalt became the island’s new national carrier this week as it launches its
Finance Minister Harris Georgiades has highlighted the close cooperation between the state and the Cyprus Investment Fund Association (CIFA) to establish Cyprus as an attractive destination for investment funds, during a speech
Moody’s Investors Service has affirmed Lebanon’s B2 government debt and issuer ratings and maintained the negative outlook, while the short-term rating is affirmed at (P)Not Prime reflecting the credit support derived from
Deposits in the Cyprus banking system rose by EUR 144.9 mln in April, while loans fell by 86.7 mln, continuing the deleveraging process for the fourth consecutive month. According to figures
Moody's Investors Service has maintained its negative outlook on Azerbaijan's banking system for the next 12-18 months, reflecting the rating agency's view that the economy will remain in recession until end-2016 as
By Jameel Ahmad, Chief Market Analyst, FXTM While the ECB conference on Thursday afternoon failed to provide any unexpected fireworks, the EURUSD still managed to decline down the charts and moved back
* Full repayment of ELA within 2017 * Bank of Cyprus net first quarter profits rose to EUR 50 mln due to increased profitability and a momentum in non-performing loan restructurings which
The Cooperative Central Bank, the state-owned banking group bailed out with EUR 1.5 bln last year, announced profits of EUR 28 mln for the first quarter ending March 31, mainly due to
