EURGBP remains steady after recovering daily losses, trading near 0.8350 in European markets on Tuesday. However, downside risks persist for the EURGBP cross as the Euro faces pressure from growing concerns about
The European Central Bank has lowered interest rates for the third time this year, as inflation in the eurozone shows signs of easing and the economy struggles to regain momentum. Thursday’s quarter-point
The British pound is primed for outperformance, while the euro faces continued downward pressure for the rest of 2024, predicts the CEO of a leading independent financial advisory and fintech. The deVere
EURGBP extended its gains for the second successive day, trading around 0.8430 during Tuesday’s European session. However, the upside potential for the EURGBP cross may be limited, as the Euro is under
The EURUSD pair weakened near 1.0730, snapping the three-day winning streak during early European trading on Thursday, with the upside for the pair seeming limited as investors are worried about political uncertainty
By Craig Erlam US economic data continues to point to an economy that’s doing very well, despite the various headwinds, including very high interest rates. GDP data for the fourth quarter easily
The president of the European Parliament said she has conveyed the legislative body’s support for the appointment of a United Nations envoy to evaluate the chances of resuming stalemated talks to reunify
Cyprus celebrated its first gold medal at the European Athletics Under-23 Championships in Espoo, Finland. According to the Cyprus Athletics Federation (KOEAS), Elena Kulichenko delivered an outstanding performance in the women’s high jump
The Cypriot economy is expected to grow by 2.5% GDP in 2023, well above the euro area average of 0.5%, said Central Bank governor Constantinos Herodotou. Herodotou said the economy showed notable resilience in 2022, recording
A delegation from the European Parliament’s inquiry committee to investigate the use of Pegasus software (PEGA) and equivalent surveillance spyware launched a joint mission in Cyprus and Greece. The fact-finding mission seeks to establish a
