Is Turkey Headed Towards a Crisis After Erdogan’s Latest Move?
Ratings agency Moody's has cautioned that the Turkish president's latest move to replace the central bank governor with someone who has a Full Article
Emerging Market Currencies Under Pressure, Safe Havens Gain
Emerging market currencies across Asia are starting the fresh trading week on a bearish footing, weakening as the market sentiment turns Full Article
Turkish Lira Strengthens, CBRT Leaves Interest Rate Unchanged 24%
The Central Bank of the Republic of Turkey, CBRT has left the interest rate unchanged at 24.0% vs. 24.0% Full Article
USD/TRY Reverses at 6 Again After Erdogan`s Speech
The CBRT raised interest rates by 150 basis points (bps) or 1.50% back in August as the price in USD/TRY was playing around the 7 level. Full Article
Explaining the Financial and the Upcoming Economic Crisis in Turkey
All forex traders are aware of the current financial crisis in Turkey. Although, this might be just the beginning of a bigger problem... Full Article
The Real Reasons for the Current Turkish Financial and the Coming Economic Crisis
All forex traders are aware of the current financial crisis in Turkey, but this might be just the beginning... Full Article
USD/TRY Retreats but the 20 SMA Waits Below
The Turkish Lira is finding some solid ground at last after the big dumping that took place last week. USD/TRY is retracing lower in what... Full Article