By Han Tan, Market Analyst at FXTM The Dollar is taking a breather after soaring for the past eight sessions, as the DXY Dollar Index tests the 103 support level while still remaining
Hundreds of Cypriots stranded in the UK will be repatriated with two chartered flights under a Cyprus government coronavirus crisis management plan. The first of the two flights will depart in the
Divided Cyprus has registered 100 coronavirus case after Turkish Cypriot authorities reported another 13 people infected in the north. This brings the total number of COVID-19 in the Turkish occupied north to
The outlook for the global shipping industry has changed to ‘negative’ from ‘stable’ in the wake of the coronavirus outbreak, Moody’s Investors Service said in a new report. The change to a
Cyprus registered nine new coronavirus cases on Thursday taking the total of those who have contracted the disease to 67 in less than two weeks, the Health Ministry announced. With the 20
Moody’s expects government financial support for affected businesses and households, in addition to ECB measures and Central Bank of Cyprus moves, to help limit the coronavirus-related impact on banks’ asset quality and
The UK government’s economic strategy to combat the impact of Covid-19 might need a rethink, the CEO of one of the world’s largest independent financial advisory organisations has warned. The warning came
Plunging oil prices this year are credit negative for banks in the oil-exporting countries of the Commonwealth of Independent States (CIS) – Azerbaijan, Kazakhstan and Russia – by threatening their capital and
The coronavirus pandemic will have a negative impact on economies across the EBRD regions but recovery could be robust once the outbreak is contained, according to the bank’s economists. The European Bank for Reconstruction and Development,
The Cyprus government has not ruled out introducing a curfew to contain a Covid-19 epidemic, but as yet, no such draconian measure has been decided upon. Nicosia has not ruled out imposing
