Month: August 2018

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  Turkish lira smashed again as trading for the new week begins

  Turkish lira trades at 7.15 It's very early in the FX trading week but the indications for the Turkish lira aren't good. USD/TRY is trading[...]
  2018-08-13 07:31:02

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  (Very) early Asia FX rate indications - eyes on a plunging TRY

  Turkish lira is continuing to drop in opening trade for the week.  Turkish President Erdogan has been speaking publicly over the weekend. He is trying[...]
  2018-08-13 07:31:02

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  Turkish fin min says will take steps Monday morning to ease market concerns

  Turkish finance minister Albayrak Speaking with Hurriyet newspaper (via Reuters headlines) More: On this: "" Says seizing or converting dollar-denominated accounts to liras out of[...]
  2018-08-13 07:31:02

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  Why the Turkish lira is imploding

  Why the dramatic loss in confidence Turkey is your economics professor's evil dream. It's not a Brexit-inspired drop or any kind of external, unavoidable problem.[...]
  2018-08-13 07:31:02

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  World's biggest publicly traded hedge fund says the dollar rally will continue

  Man Group strategist says the rally isn't over Morgan Stanley and State Street recently said the dollar rally is over but Guillermo Osses, head of[...]
  2018-08-13 07:31:02

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  Here is what’s on the economic calendar in Asia today

  2230 GMT New Zealand Performance of Services Index (PMI) for July - prior 52.8 2245 GMT New Zealand Food Prices for July - prior +0.5%[...]
  2018-08-13 07:29:10

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  More on Turkey's fin min saying action to be taken Monday to ease market concerns

  Comments reported from Turkish finance minister Albayrak are here from earlier: More on this here at Reuters :   And, early posts here: -- Sneak preview[...]
  2018-08-13 07:29:10

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  Communications Director for the Turkish Presidency warns on TRY FX rate

  Fahrettin Altun is Communications Director, Turkish Presidency (ie he speaks for President Erdogan)  Altun tweets (this translation from Turkish) (bolding mine) 
  2018-08-13 07:29:10

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  Turkey bank regulator limits swap transactions

  This will be an effort to address the slide  The Banking Regulation and Supervision Agency (BDDK) I'll post up more detail as it comes, what to[...]
  2018-08-13 07:29:10

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  Trade ideas thread - Monday 13 August 2018

  Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive[...]
  2018-08-13 07:29:10

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