Thursday, 23 September 2021

USD/TRY, EUR/TRY Rates Jump amid Surprise Turkish Rate Cut

The Central Bank of the Republic of Turkey (CBRT) ended its monetary tightening cycle will a surprise 100-bps rate cut on Thursday.

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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...