turkish lira infographic

Turkish Lira has lost more than 40 percent of its value against the US dollar this year, raising concerns that Turkey's economy, heavily reliant on foreign currency loans, could have a negative impact on other emerging markets. Turkey's currency has been under pressure due to rising diplomatic tensions with the US, President Erdogan's control...

2018-08-17 Orbex Read more
Bundesbank_Jens Weidmann_1502

Jens Weidmann, the head of the Bundesbank. Image via European Central Bank Jens Weidmann, the head of the Bundesbank, Germany’s central bank responded to allegations of currency manipulation last week. In a sharp statement, the head of the Bundesbank called the allegations “more than absurd” and “unsettling,” joining other central bank official...

2017-02-15 John Benjamin Read more
Trump

While the ripples from the executive orders passed during the first week of the Trump administration continues, the second week saw the US President Trump go after foreign currencies, specifically targeting Japan, China, and Germany. Mr. Trump’s protectionist policies saw the administration lifting the stakes last week and going as far as sugge...

2017-07-26 John Benjamin Read more