Forex Blog — Trading news, Signals & Tips

Chinese yuan is upbeat with trade talks with the US and the Turkish lira continues to rise

Turkey’s Lira continued its rebound, ending up 2.75%. The Dollar Index (USD/DXY) slipped further while the Aussie recovered.

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Chinese stocks are falling and concern about the slowdown of the economy, Turkish lira is rising.

A slump in Chinese stocks on building worries about a slowdown in the economy outweighed a short-covering rally in the Turkish Lira

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Euro has fallen to record levels in 13 months and Turkish lira is making little gains

The Euro dropped to fresh 13-month lows as concern rose on European bank exposure to Turkey. Meantime the Turkish Lira rebounded off an all-time low of 7.24 to 6.35 lifting EM currencies. 

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Turkish lira under pressure despite added liquidity from the central bank, Erdogan opposes rate hike, South African rand follows Turkish lira and collapses to records lows

The Turkish Lira remained under pressure despite the central bank adding liquidity. There was more two-way trading, with the TRY 7% lower (USD/TRY 2.9300). 

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Turkey's crisis shaking markets and Lira is falling to record lows and fears of a recession could lead to a banking crisis

Turkey’s crisis hit critical levels in its ongoing tiff with the US over a jailed American pastor in Turkey. USD/TRY finished up 15% at the New York close

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الروبل الوسي يواصل انخفاضه بعد العقوبات الأميريكية على روسيا والدولار النيوزلاندي يواصل انخفاضه الى أدنى مستوى له منذ ستة أشهر

مدد الروبل الروسي انخفاضه بنسبة 1.4 ٪ بعد انخفاض الأمس بنسبة 2.7 ٪ عن إعلان العقوبات الأمريكية

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NZD Falls after the New Zealand Reserve Bank Statement and Yen Boosts its Gain against the Dollar

The Kiwi slumped 50 points immediately following the RBNZ Statement to 0.6699 from 0.6749 close in New York

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The dollar is down against most currencies except the Turkish lira, which is falling to record highs

Rising US-Turkey tensions have seen the Turkish Lira (TRY) sink more than 40% against the US Dollar this year.

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The dollar is rising against the EUR and GBP despite the weak Non-Farm Payrolls report

The Dollar Index (USD/DXY) slipped following weaker-than-expected July US Payrolls Gain

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