Tag: EURTRY

Turkish Lira Currency Crisis Deepens as USD/TRY, EUR/TRY Eye New Highs

Turkish Lira Currency Crisis Deepens as USD/TRY, EUR/TRY Eye New Highs

Turkish Lira Outlook:Turkish inflation rose by +73.5% y/y in May, boosted by surging food and energy prices in the wake of the Russian invasion of Uk [...]
USD/TRY, EUR/TRY Restart Climb After Intervention

USD/TRY, EUR/TRY Restart Climb After Intervention

Turkish Lira Outlook:Aggressive intervention efforts last week saw the Turkish Lira gain +50% in a matter of days. However, the Lira still remains [...]
USD/TRY, EUR/TRY Hit Record Highs Ahead of CBRT Rate Decision

USD/TRY, EUR/TRY Hit Record Highs Ahead of CBRT Rate Decision

Turkish Lira Outlook:Still one of the worst performing emerging market currencies in 2021, both EUR/TRY and USD/TRY rates have jumped to fresh all [...]
USD/TRY, EUR/TRY Rates Jump amid Surprise Turkish Rate Cut

USD/TRY, EUR/TRY Rates Jump amid Surprise Turkish Rate Cut

Turkish Lira Outlook:The Central Bank of the Republic of Turkey ended its monetary tightening cycle will a surprise 100-bps rate cut on Thursday. [...]
USD/TRY, EUR/TRY Bounce to Report Highs on Lira Weak spot

USD/TRY, EUR/TRY Bounce to Report Highs on Lira Weak spot

Turkish Lira, USD/TRY, EUR/TRY Speaking Factors:Turkish Lira sinks as USD/TRY, EUR/TRY rise to report excessiveCash market misery [...]
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