EURUSD declines as the US Dollar holds its Wednesday recovery and strives to refresh yearly highs. The currency pair remains vulnerable above the psychological support of 1.0500 in European trading hours on Thursday.
Silver is retracing its recent losses from the previous session, with XAGUSD trading around $31.00 in early Asian hours on Thursday. The rise in precious metal prices is attributed to safe-haven flows
UK inflation surged to 2.3% in October, up from 1.7% in September, sparking fresh concerns about wealth erosion and unsettling financial markets. This significant rise, coupled with signs of a potential return
EURUSD faces pressure near 1.0600 and fell to near 1.0560 Wednesday, as the major currency pair weakens and the US Dollar bounces back strongly on expectations of fewer interest rate cuts from the Federal Reserve in
The cost of construction materials in Cyprus dipped marginally in October, despite an annual increase, while a standoff in the concrete market could see prices spiralling again. The statistical service said the
EURUSD is trading sideways at the start of the week, slightly above the psychological support of 1.0500. The major currency pair consolidates as the US dollar rally stalls after posting a fresh
Cyprus has the second worst record in Europe as regards utilisation of renewables in the energy mix, with the main obstacles being the delay in importing natural gas for power generation and
GBPUSD edged higher on Friday, reaching the 1.2680s, as traders reduce their short exposure before the weekend. The British pound-dollar currency pair claws its way up from intraday oversold levels reached on
West Texas Intermediate (WTI), the benchmark US crude oil, is trading around $68.40 on Friday, with the price remaining steady as a steep draw in US fuel stocks offset oversupply fears. The
Two in every five cars registered in Cyprus this year are either electric vehicles or hybrids, with these engine types showing a healthy increase, while the share of petrol-powered vehicles dipped below
