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The Pound Sterling remained firm on Wednesday, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the greenback’s prospects, yet the GBPUSD pair traded at 1.3400, virtually unchanged.
The market mood was mixed as tr...
The Federal Reserve is unlikely to cut interest rates until at least July, according to Nigel Green, CEO of
Larnaca and Paphos airports operator Hermes said air connectivity with Europe has been restored, as several flights that were temporarily suspended due to the war in the Middle East resumed operations. Members of the Luft...
A sharp decline seen in crude oil prices helped the market mood improve in the second half of the day on Monday and made it difficult for the US dollar to preserve its strength.
In European trading on Tuesday, the DXY Dollar Index remained below 99.00 and continued to...
Global stagflation appears almost inevitable and investors need to ensure that their portfolios are built for resilience, the CEO of a leading independent financial advisory has warned.
Oil surged above $120 a barrel in highly volatile trading, after a historic spike of almost 29% — the largest intraday jump since April 2020 — before