Fx Primus Rebates

BOE statement doesn’t do much for the pound

The pound is barely changed from the BOE decision earlier and rightfully so statement However, there’s no mention of any serious threats seen from Brexit that we haven’t already heard of and that means there isn’t anything too bearish to linger on. Apart from that, they raised their Q3 GDP growth estimate from +0.4% q/q…

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The lira’s hopes no longer lie with the CBRT

The Turkish central bank is in no position to save the lira following Erdogan’s comments earlier just one sentence   The only thing capable of saving the lira now is Erdogan’s so-called “new measures to prevent volatility/fluctuations”. As mentioned before, if that doesn’t involve capital control measures, then the lira is very much expected to…

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Erdogan: We must lower interest rates

And the lira falls – Inflation is a result of the central bank’s wrong steps – The people are paying the price of these wrong steps ForexLive The lira is now down more than 2% against the dollar now as Erdogan’s comments start to kick in. All this comes ahead of the central bank meeting…