Tuesday, 23 November 2021

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

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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...