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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
It’s Time to Buy Hedged ETFs on High-Yield Bond Spreads
Aug 30, 2023
According to The Federal Reserve’s chairman Jerome Powell’s remarks Friday morning at the Fed’s annual symposium in...
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
U.S. Fed Said Cryptocurrencies Like Bitcoin Have "Staying Power."
Jun 22, 2023
Bitcoin after yesterday’s Jerome Powell’s remarks accelerated its ascent and is currently trading well past the $30...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
The U.S. Dollar Fell Sharply after the Fed Meeting on Wednesday
Mar 23, 2023
EUR/USD has gained more than 100 pps at its peak and hit a monthly high above 1.0900. U.S. Treasuries rose after th...
Aussie Demonstrated Rare Breakout on Ambiguous News, but So Far Stays There
Jan 05, 2023
The Australian Dollar soared on Wednesday, January 4, making it one of the best-performing developed currencies.
All Eyes on Jackson Hole Inception Day News
Aug 24, 2022
U.S. index futures and European stocks struggled for direction ahead of the Jackson Hole meeting
World Markets Fret Again by Bad Inflation Data Worldwide as Jackson Hole Summit Approaching
Aug 23, 2022
U.S. equities indices posted their worst single-day plunge in two months on renewed concerns, spurred by the recent...