EURUSD remains on the backfoot on Tuesday, slightly above 1.0700, as the major currency pair comes under pressure due to expected decline in the preliminary Eurozone HICP data for June. The annual Harmonised Index of Consumer Prices decelerated to 2.5%, as expected, year-on-year from May’s reading of 2.6%. In the same period, the core HICP, which … Read more
The EURJPY cross extended its decline near 168.85 during early European trading on Monday, with the Euro attracting some sellers amid the uncertainty over the political scenario in France. President Emmanuel Macron dissolved the French national assembly and announced a snap election after exit polls indicated that his Renaissance party would be defeated by the far-right … Read more
Lawyer Charalambos Prountzos is leading the race for the Nicosia mayorship, first exit polls showed on Sunday. According to ALPHA TV, AKEL-backed Prountzos is forecasted to gain between 48%-56%, which is enough to grant him the victory. DISY’s candidate Nicos Tornaritis, who is also supported by DIKO and DEPA is predicted to win between 34%-42%, … Read more
Fact: Current electoral legislation in Cyprus does not prohibit conducting exit polls outside polling stations to predict final election results.