Dollar weakens but catches up on the Yen

  Raj Ratna Finotec Analysis Team 25 February 2008     EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.49551.49401.4860 108.35107.95107.75 1.97851.97401.9710 1.10451.09601.0920 Support 1.47901.47051.4610 106.35106.05105.90 1.96101.95951.9500 1.08351.08001.0730 The greenback fell against the major currencies

Social protection in Cyprus low by EU standards

Social Protection expenditure in Cyprus amounted to 17.9% of GDP in 2005, compared with an EU27 average of 27.3%, according to a Statistical Service report entitled “Social Protection in Cyprus 2005”. In

Vassiliko production capacity to increase

The production capacity of Vassiliko Cement Works (VCW) is set to increase with the addition of a new clinker production line is expected to operate fully by mid-2010. The Company’s CFO G.

EU jobs outlook upbeat, but progress uneven

Employment growth has been impressive during the last year according to the Joint Employment Report, to be adopted by Employment Ministers on 29 February. Almost 6.5 million new jobs were created during the

U.S. worries keep stocks, dollar pressured

Recent signs that the world’s biggest economy may be sliding into recession unsettled European and Asian stocks on Friday, and helped push the dollar to a near three-week low versus a basket