Turkish Lira under pressure

GBP/TRY breaks above 20.0 & closes in on 21.00 after CBRT cuts again & opens door to 2022 rate cuts.

December 16,2021

Turkish Lira and finance

TRY would likely benefit if the CBRT leaves interest rates steady on Thursday, some analysts say.

December 15,2021

Polish Zloty

The Zloty’s recovery from recent all time lows has stalled in the wake of December’s National Bank of Poland (NBP) policy decision and some forecasters are warning the Polish currency may be on the cusp of another turn lower that would likely lift GBP/PLN into the new year.

December 10,2021

Zloty

The Polish Zloty rallied against all counterpart currencies alike in the penultimate session of the week, furthering a recently emerged trend that already makes it the top performing currency on the market this week and it could yet rise further in the days ahead.

December 2,2021

Erdogan

The Turkish Lira tumbled to new all-time lows to open the mid-week session following a television interview in which President Recep Tayyip Erdogan effectively told financial markets to go and take a hike of their own.

December 1,2021

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