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Source: Merced Sun-Star

Nicosia :: Cyprus | updated 2014-07-28 15:49:21 -0700 | business-news

Cyprus Cyprus' largest bank says it has bolstered its capital base by raising 1 billion euros ($1.34 billion) through a private placement of new shares. Bank of Cyprus said in a statement late Monday that the new shares each valued...
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Larnaca :: Cyprus | updated 2013-11-21 15:48:49 -0800 | business-news

EURUSD rose on Friday and closed at 1.3494. The US dollar continued to be pressurized by the incoming FED chief Janet Yellen. She continued with her dovish comments about the easy monetary policy of the US central bank. The Industrial...
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Breaking News: EURUSD stays below the 1.35 level as ECB report indicated that the Eurozone might face long period of low inflation. Light economic calendar in the session ahead.
   
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Larnaca :: Cyprus | updated 2013-11-18 14:26:32 -0800 | business-news

EURUSD dropped yesterday and closed at 1.3458. The European Central Bank indicated in its monthly report that the currency union may face a long period of low inflation. The ECB also showed a willingness to continue with the current monetary...
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Larnaca :: Cyprus | updated 2013-11-08 01:14:25 -0800 | business-news

EURUSD dropped yesterday and closed at 1.3473. The European Commission stated that its too early to declare a victory against the recession in the Eurozone and it cut its growth forecast for the Eurozone economy for 2014 from 1.2 percent...
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Breaking News: EURUSD continues to trade around the 1.35 level as FED policymakers indicate highlight the possibility to continue with the stimulus measures
   
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Larnaca :: Cyprus | updated 2013-11-08 02:13:13 -0800 | business-news

EURUSD rose yesterday and closed at 1.3513. The Markit Economics reported yesterday that the Manufacturing Purchasing Managers Index in the Eurozone rose to a reading of 51.3 in October. On the other side of the ocean the President of the...
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Larnaca :: Cyprus | updated 2013-11-01 15:59:51 -0700 | business-news

EURUSD dropped yesterday and closed at 1.3736. The United States dollar strengthened after the latest FOMC statement about the monetary policy. The United States Federal Reserve maintained the size of its asset purchase program at 85 billion dollars per month....
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Larnaca :: Cyprus | updated 2013-10-30 05:25:25 -0700 | business-news

EURUSD dropped yesterday and closed at 1.3745. The single European currency lost strength after the Director General of Bank of Italy Luigi Signorini indicated that the economic growth of Italy will be worse than the government forecast. On the other...
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Larnaca :: Cyprus | updated 2013-10-28 03:34:27 -0700 | business-news

EURUSD rose on Friday and closed at 1.3831. The German Ifo Business Climate dropped to a reading of 111.3 in October. On the other side of the ocean a report from the United States showed that the Core Durable Goods...
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Larnaca :: Cyprus | updated 2013-10-27 23:25:48 -0700 | business-news

EURUSD rose yesterday and closed at 1.3800. The United States dollar lost strength after worse than expected Unemployment Claims report. 350K people filed initial jobless claims during the last week. Market had expected a reading of 340K. This combined with...
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Views: 101   News Stories: 4
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Larnaca :: Cyprus | updated 2013-10-25 06:29:35 -0700 | business-news

EURUSD rose yesterday and closed at 1.3779. The weak employment data from the United States resumed the speculations that FED might continue with its asses purchase program for longer than expected. The Non-Farm Payrolls report came out at 148K, less...
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Views: 48   News Stories: 3
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Larnaca :: Cyprus | updated 2013-10-23 06:08:58 -0700 | business-news

EURUSD dropped yesterday and closed at 1.3680. The President of the United States Federal Reserve in Chicago Charles Evans indicated that the US Central Bank might not begin tapering its 85 billion USD monthly stimulus for months as the Government...
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Views: 52   News Stories: 11
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Larnaca :: Cyprus | updated 2013-10-21 13:43:29 -0700 | business-news

EURUSD rose yesterday and closed at 1.3683. Officials from the United States Federal Reserve supported the central bank to continue with the size of its bond-buying program for a longer period of time. The President of the United States Federal...
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Views: 33   News Stories: 14
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Larnaca :: Cyprus | updated 2013-12-31 13:22:24 -0800 | business-news

EURUSD dropped yesterday and closed at 1.3522. The Fitch ratings agency placed the AAA credit rating of the United States on rating watch with negative outlook. The President of the United States Federal Reserve in Dallas Richard Fisher stated that...
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Larnaca :: Cyprus | updated 2013-10-15 09:14:04 -0700 | business-news

EURUSD rose yesterday and closed at 1.3560. The Industrial Production in the Eurozone rose 1.0 percent month over month in August. The Prime Minister of Ireland Enda Kenny stated that the country would exit the bailout program run by the...
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Views: 67   News Stories: 2
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Larnaca :: Cyprus | updated 2013-10-16 23:08:25 -0700 | business-news

EURUSD rose on Friday and closed at 1.3544. On the economic front data release showed that the Consumer Price Index in Germany stood at 0.0 percent month over month in September in line with the market expectations. In the United...
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Views: 14   News Stories: 5
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