CYPRUS: Lower VAT for home renovations to 5%

The government has lowered the value added tax (VAT) for repair and reconstruction work on residential units from the universal 19% to 5%, valid for all homes, including non-primary. The Cabinet decided

MARKETS: EURUSD dips to a fresh 7-month low

By Lukman Otunuga, Research Analyst, FXTM The strengthening divergence in both monetary policy between the United States and Europe has encouraged sellers to continually harass the EURUSD, sending prices to fresh 7-month