New Zealand Dollar Slides to 0.5740 Amid Stronger U.S. Dollar and RBNZ Easing Outlook
The New Zealand Dollar (NZD) weakened on Thursday, trading around 0.5740 and down 0.37% for the day, as the pair retreated from Wednesday’s near-test of…
Posts Tagged: Business Confidence
Turkish Lira Looks To Enter 2023 More Stable Amid FX Interventions, Peak Inflation
The Turkish lira held steady against its currency rivals to kick off the final trading week of 2022. It was a quiet day in global…
Turkish Lira Limits Losses After Central Bank Ends Easing Cycle Amid 150-Basis-Point Rate Cut
The Turkish lira added to its 2022 losses after the central bank slashed interest rates as part of its efforts to fight price inflation. The…
Turkish Lira Plummets 7% As Investors Dismiss CBRT Policy Document
The Turkish lira’s modest year-end rebound appears to have come to a screeching halt. The worst-performing emerging market currency plunged again after the government suggested…
Turkish Lira Rebounds Against US Dollar, Euro After Sharp Selloff
The Turkish lira is rebounding against the US dollar and the euro during the quiet holiday Thanksgiving trading session, adding to its 6% rally on…
USD/TRY Hits New Low As Erdogan Threatens Expulsion of US Diplomats
The Turkish lira hit another fresh record low against the US dollar to kick off the trading week. The lira had been hammered again after…
AUD/USD Rises Amid Release of Westpac Leading Index
The Australian currency has risen against the US dollar today. It has been a long struggle for the AUD/USD currency pair to move above the…
Turkish Lira Crashes to Fresh Record Low As Ankara Cuts Interest Rates
The Turkish lira is cratering to a record low against the US dollar to finish the trading week. The emerging-market currency is plummeting after the…