Tag: USDTRY
Outlook Q2 2022 – Emerging Markets
Mexico
In their latest meeting, the Central Bank of Mexico hiked rates for the 7th time in a row, to 6.5% - the highest level...
Market Update – December 21 – Turnaround Tuesday & Winter Solstice
USD (USDIndex 96.50) held onto gains as US stocks fell over 1% again, Yields also dipped. Oil posted 2-week lows before recovering and...
US Open – USD, Oil & Yields Higher, Tech Stocks Sell-Off
USA100, H1
Fed Chair Powell will testify (later today) that the economy continues to improve, according to his written testimony released Monday. He will add...
The Turkish Lira down, even though economy is improving
The downside risk to consumer inflation in Turkey could give banks the leeway needed to start an easing cycle in the 4th quarter. However,...
Market Update – March 22 – Risk Off Jolt from Ankara
USDTRY, Daily
A plunge in the Turkish lira jolted global markets, following the sacking of the nation's central bank governor, and with the credibility of...
USD improves, GBP Mixed, CB decisions & TRY
The Dollar firmed up into the London open and beyond, paring declines seen earlier in pre-Europe trading in Asia. The move drove gold and...
