House President Yiannakis Omirou resigned as leader of the socialist party EDEK on Tuesday, a decision that caught many by surprise, but not unexpected considering the internal turmoil and disgruntled membership. Omirou
As Greece braces for national elections in twelve days time, the Greek financial markets seem to have steadied on Monday in a sign that investors are now less concerned that the result
Emirates has appointed Ms Asma Al Rahma as Country Manager for Cyprus. Ms Al Rahma will take on the position after three years as Country Manager for the airline in Oman. In
By Jameel Ahmad, Chief Market Analyst at FXTM The major headline-catching storyline throughout the latter half of 2014 and even the opening week of 2015 has been the dramatic plummet in oil
By Jameel Ahmad, Chief Market Analyst at FXTM The domino effect of crashing oil prices continued to send commodity currencies lower during trading on Tuesday. One major mover was the USDRUB, with
* UAE keeps up production pressure; FXTM sees crude at $42 Oil dropped below $45 a barrel in New York on Tuesday, dragging commodities to a 12-year low, according to Bloomberg, with
By Jameel Ahmad, Chief Market Analyst at FXTM The major talking point on the currency markets is again centred on the falling oil prices, with both Brent and Crude falling to fresh
By Jameel Ahmad, Chief Market Analyst at FXTM With the upside potential to both the EURUSD and GBPUSD being limited in the current economic conditions, both pairs are surrendering gains only encouraged
Economic growth in the euro area is expected to accelerate mildly, but remain weak. It will amount to 0.3% in the first and second quarters of 2015 respectively, following 0.2% in the
Ten airlines are ready to step in and fill the void created by the long-overdue demise of Cyprus Airways, after the national carrier shut down at midnight on Friday when its final
