The Swedish Krona has been one of the biggest fallers on the market in the recent month and a relative underperformer for much longer but enduring trends in other major currency exchange rate…
Read more … →Turkish Lira forecasts have been downgraded at Commerzbank following President Tayyip Erdogan's successful re-election.
Read more … →GBPTRY rallied by over a per cent in value to 24.63 at the start of the new week as wrong-footed investors braced for another term of unorthodox policies under President Erdoğan.
Read more … →The Krona was weaker after Riksbank, Sweden's central bank, hiked its policy rate by 50bp to 3.50% but gave 'dovish' guidance that implied it was close to ending its rate hiking cycle.
Read more … →Looming elections and unsustainable currency-defence economic policies are unlikely to prevent a sizeable slide in the value of the Turkish Lira before year-end.
Read more … →