
The Turkish Lira Hit a Record Low on Thursday
The Turkish lira broke another record low against the USD on Thursday ahead of an interest rate decision. What’s behind the lira’s prolonged losing streak?
The Turkish lira broke another record low against the USD on Thursday ahead of an interest rate decision. What’s behind the lira’s prolonged losing streak?
Following the release of high inflation numbers, which raised apprehension regarding the Federal Reserve’s decision on interest rates, Microsoft and Gold took tumbles on Tuesday.
How are US benchmarks, the dollar, and gold expected to perform after the Federal Reserve indicated it will pare stimulus down more quickly than initially intended, opening the door to higher interest rates?
Most American stocks peaked out after Jerome Powell received a second term as the Chairman of the Federal Reserve, on Monday. The dollar rallied, and gold dropped. Investors now wait for Fed minutes and critical economic data. Will they resume their trend afterwards, or has it run its course?
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