USD/TRY stays firmer at yearly top above 16.00 ahead of CBRT By anilpanchal7 USDTRY CBRT RiskAppetite Currencies Fed
ropean session. That said, the quote takes rounds to 16.35-40 by the press time, after refreshing the 2022 top with 16.46 the previous day.
“Data last Friday showed the central bank's net international reserves dropped some $3.5 billion to $11.53 billion in the week to May 13. Bankers calculate that they fell to $10 billion or less in the following week,” said Reuters. Elsewhere, fears emanating from the Ukraine-Russia crisis and China’s covid conditions, as well as the fresh fears of the Sino-American tussles, weigh on the market sentiment and favor the US dollar’s safe-haven demand. However, the latest Federal Open Market Committee Minutes raised doubts about the 50 bps rate hike after September and probed the greenback bulls.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NOAA predicts above-normal 2022 Atlantic Hurricane Season | National Oceanic and Atmospheric AdministrationDid yours make the list? Here are the storm names for the 2022 Atlantic Hurricane Season, according to the WMO:
Read more »
GBP/USD bounces from weekly lows and marches firmly above 1.2530s pre-FOMC minutesGBP/USD bounces from weekly lows and marches firmly above 1.2530s pre-FOMC minutes By christianborjon GBPUSD Majors Macroeconomics Technical Analysis
Read more »
AUD/USD bounces off daily low under 0.7100 as options market flash upbeat signalsAUD/USD bounces off daily low under 0.7100 as options market flash upbeat signals By anilpanchal7 AUDUSD Options RiskAppetite Markets SwingTrading
Read more »
EUR/USD Volatility Ahead: Key Data, Ukraine War, Biden Quad SummitEUR/USD may convulse ahead of key economic data out of the US and Eurozone as the war in Ukraine heats up, and fears of a Russian default may push investors into the arms of the USD. Get your market update from DimitriZabelin here:
Read more »
NZD/USD can't catch a break ahead of the RBNZNZD/USD is down some 0.12% into the close on Wall Street in what has been a day of little activity for the pair, bounded by support and resistance, ch
Read more »
US Dollar Down but Not Out. Where to for USD/SGD, USD/THB, USD/PHP, USD/IDR?Even though the US Dollar weakened against most ASEAN currencies this past week, broader uptrends still remain in USD/SGD, USD/THB, USD/PHP and USD/IDR. Where to from here? Get your market update from ddubrovskyFX here:
Read more »