Selling USD is attractive, says UBS

UBS AG in their latest investment report say that they maintain their negative view of the outlook for USD over three and six months on the expectation that US growth is weakening

Fed speak to affect dollar

Today sees the release of the Chicago PMI but the key focus will be on speeches by Fed’s Poole and Yellen. Yellen is known to be more of a dove but if

Lloyds TSB to set up branch in Cyprus

Lloyds TSB Offshore Limited” of Jersey has received a licence from the Central Bank of Cyprus to set up a branch here to carry on banking business in Cyprus, effective July 31,

David & Pierides resign from BOC board

Bank of Cyprus Public Company Ltd announced that George David resigned from his position as member of the Board of Directors, effective July 28. The resignations follows a similar move by Demetris

UBS, DB and JPM bullish on BOC

Bank of Cyprus saw bullish upgrades from foreign investment houses following the release of the first half results, which saw profits climb to CYP 85 mln, more than analyst expectations. UBS, the