Thursday, 6 August 2020

USD/TRY, EUR/TRY Jump to Record Highs on Lira Weakness

The Turkish Lira weakened considerably on Thursday, sending USD/TRY and EUR/TRY to record highs following money market disruptions in an already fragile economy

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...