Turkish Lira Continues Blowout Nearing 20% Daily Decline, ZAR Caught in its Wake

Turkish President Tayyip Erdogan’s support of rate cuts sends the Lira into a tailspin while the ZAR struggles to make headway in the aftermath despite recently raising rates

from DailyFX – Market News https://bit.ly/32wJwJT
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Market Sentiment Data Send Bearish Signal for NZD/USD | Webinar

Trader confidence remains high in the financial markets generally, but IG client sentiment data are sending out a bearish contrarian trading signal for NZD/USD.

from DailyFX – Market News https://bit.ly/3FEIZDD
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British Pound (GBP) Price Outlook: GBP/USD May Fall Further as USD Strength Persists

The US Dollar remains firm as Jay Powell’s reselection as Fed chair brings a withdrawal of US monetary stimulus closer; that suggests a continuation of the current weakness in GBP/USD.

from DailyFX – Market News https://bit.ly/32fsbET
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