The Lira tumbled to new lows on Friday as the Dollar sought a fifth consecutive advance, although the outlook is murky with forecasts from ABN Amro suggesting a 2021 unravelling of the greenback co…
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The Lira tumbled to new record lows Tuesday after a diplomatic spat with France further toxified an already poisonous environment that's got a threat of economic sanctions and ire over Turkey's int…
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The Lira languished at historic lows on Friday after the Central Bank of the Republic of Turkey (CBRT) disappointed investors by neglecting to lift interest rates following its October meeting, alt…
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The Lira continued in the direction of new record lows Tuesday and could fall as far as 8.50 in the months ahead if Turkey’s unorthodox approach to monetary policy goes unreformed, according to ana…
Read more →The Lira rallied further on Friday after regulators relaxed restrictions on currency transactions following a surprise interest rate rise from the central bank, although analysts say the road towar…
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The Dollar crept higher Thursday as financial markets mulled over minutes of the July Federal Reserve (Fed) policy meeting going into a session that will also reveal more about recent European Cent…
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The Euro-to-Dollar rate was rallying higher Tuesday in moves that may have had more to do with keeping pressure on the Lira than with any bearish outlook for the greenback or brightening Eurozone e…
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The Australian Dollar edged higher Tuesday in defiance of a short-term reversal signal on the daily charts and a wobble in gold prices, although the Euro's use as an instrument of Turkish economic …
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The Euro-to-Dollar rate tumbled Friday in moves widely attributed to rising geopolitical tensions, risk aversion and profit-taking ahead of the weekend, although losses could build next week and vo…
Read more →The Turkish Lira shot higher Thursday after the Central Bank of Turkey (CBRT) raised interest rates despite opposition from President Recep Tayyip Erdoğan, whose influence over the instit…
Read more →The Lira hit the ropes again Friday after President Donald Trump condemned Turkey's detention of Pastor Andrew Brunson and Treasury Secretary Steven Mnuchin said the US is preparing further sanctio…
Read more →The Lira rose sharply for a second consecutive session Thursday and has now reduced its 2018 loss by almost half but the currency remains vulnerable to renewed losses and some analysts are claiming…
Read more →The Turkish Lira fell to a new record low amid fresh global market turmoil Monday after President Recep Tayyip Erdogan resisted calls to raise interest rates and support a collapsing currency, lead…
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Lira makes fresh historic low after failure of country's delegation to resolve impasse with Washington, one analyst believes Turkey may need to approach the IMF or seek other external support.
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