The lira has fallen 28.8% against the dollar and 23.7% against the euro this year, extending the downward trend into 2020. Economists at Société Générale expect USD/TRY to rise to 22 by the end...
Read More
1 Minute
1 Minute
GBP/USD EXTENDS ITS REVERSAL TO 1.2020 IN A CHOPPY MARKET SESSION
The reversal of Pound at 1.2065 slips. 1.2020 area. Concerns about China and Ukraine dampened investor sentiment. USD , pared losses as US Treasuries jump. A reversion of £ , from the intraday high...
Read More
1 Minute
USD/JPY down on the day as the post-BOJ consolidation continues
This is year-end trading and not the best time to watch market movements in a weakened liquidity situation. The dollar is slightly weaker today, with USD/JPY leading the downtrend as sellers wait for some...
Read More
1 Minute
Results of digital yuan experiment „not ideal”, says former PBOC official
Xie expressed his disappointment with the result of the digital yuan trial in some provinces and cities, noting that „the cumulative circulation of the digital currency was only 100 billion pounds during the two...
Read More