Turkish Lira Drops on Surprise Central Bank Governor Removal

The Turkish Lira lost a significant amount of ground against the US Dollar on the back of President Erdogan’s surprise decision to replace central bank governor Naci Agbal.

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Turkish Lira Drops on Surprise Central Bank Governor Removal

The Turkish Lira lost a significant amount of ground against the US Dollar on the back of President Erdogan’s surprise decision to replace central bank governor Naci Agbal.

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British Pound Forecast: Covid-19 Suppression Buoying GBP/USD, GBP/JPY

The rapid distribution of coronavirus vaccines, falling infection rates, and a cautiously optimistic Bank of England may pave the way for the British Pound to extend gains against its major counter…

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Gold, Crude Oil Prices Weighed by Rising US Dollar While Yields Fall

Gold prices declined modestly as the US Dollar strengthened. Crude oil prices are weighed by a weakened demand outlook as Europe faces a third viral wave.

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US Dollar Outlook: Soft Core PCE a Risk. USD/THB, USD/PHP Eyeing Central Banks

The US Dollar could gain versus Emerging Market currencies as Treasury yields rise. A soft core PCE report may cool gains however. USD/THB and USD/PHP are eyeing central bank rate decisions.

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