EURUSD rebounds to near 1.0770 in European trading on Thursday, with the major currency pair bouncing back after posting a more than four-month low below 1.0700 on Wednesday. The recovery comes as
EURUSD slightly recovered to 1.0750 after nosediving to near 1.0700 in Wednesday’s European trading, the lowest level in four months. The major currency pair was hit badly as Republican Donald Trump took
By Naeem Aslam Bitcoin has reacted swiftly to the results of the U.S. presidential election, with Donald Trump clinching victory and reclaiming the Oval Office. Trump’s stance on Bitcoin has been a
The EURUSD currency pair gained to near 1.0890 in Tuesday’s New York session, remaining shy of the key resistance of 1.0900 on presidential election day in the U.S. The DXY Dollar Index, which tracks the
The US dollar struggled to find demand following mixed macroeconomic data releases on Thursday. The Initial Jobless Claims declined by 12,000 to 216,000 for the week ending October 26, while the Employment
As Donald Trump’s odds of winning the White House seemingly improve, investors are being warned that a swift retaliation from Europe would likely deliver a hammer blow to US stocks. Already, a
The Japanese Yen struggles to find demand to start the week as markets assess the outcome of the Japanese general election. Japan’s Liberal Democratic Party, which has been in power since 1955,
Germany wants to extradite an online scammer arrested in Cyprus on Thursday, involved in financial fraud worth €300 mln. A large-scale online investment scam was dismantled last week with the perpetrators allegedly
The GBPUSD pair extends the decline to around 1.2945 in early European trading on Monday. A bullish US Dollar on the back of bets for a less aggressive easing by the Federal Reserve drags
Economic growth in Cyprus is expected to accelerate this year and to remain robust in 2025, supported by favourable labour market conditions, the return of inflation to around-target rates, and gradual declines
