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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S&P 500, Hang Seng, ASX 200 Outlook: Market Remains Vigilant as 10-Year Yield Crosses 1.7%

Asia-Pacific equities are in a cautious mode after the Turkish Lira plunged 16%. Rising longer-term Treasury yields may continue to weigh on sentiment.

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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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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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