Turkish Economy

The USDTRY appears to have found some relative stability over the summer. The upcoming interest rate policy decision by the CBRT won't shake things up too much. Although given their long-standing reputation for unconventional policies,…
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On Thursday, September 13th, the market was pleasantly surprised when the Turkish Central Bank (CBRT) boosted the benchmark rate for the lira by 625 basis points. Although given the market conditions in the country at the time, a…
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Daily Forex Market Preview, 14/08/2018 The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for…
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Daily Forex Market Preview, 13/08/2018 The U.S. dollar gained on Friday as the geopolitical tensions saw the Turkish lira plummeting. The euro was also not spared as initially news reports citing the ECB showed that the central bank was…
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