Turkey Crisis News

USD/TRY climbs to 5.65 on renewed US-Turkey dispute
USD/TRY climbs to 5.65 on renewed US-Turkey dispute
USD/TRY met initial support in the 5.60 neighbourhood. US-Turkey tensions back in centre stage on F-35, S-400. Turkey End year CPI...
Forex News 10 hours ago
Turkish Foreign Ministry: Removal from F-35 program is not based on a legitimate reason – Reuters
Turkish Foreign Ministry: Removal from F-35 program is not based on a legitimate reason – Reuters
Having been removed from the US F-35 fighter jet program, Turkish Foreign Ministry spokesperson is on wires via Reuters. The news repor...
Forex News 2 days ago
USD/TRY drops to weekly lows near 5.6700
USD/TRY drops to weekly lows near 5.6700
USD/TRY tumbles to 5.67, new weekly lows. Turkish Retail Sales expanded 0.3% MoM in May. Parts of the S-400 defence system keeps la...
Forex News 2 days ago
Turkey Budget Balance: -12.05B (June) vs -12.1B
Turkey Budget Balance: -12.05B (June) vs -12.1B
...
Forex News 3 days ago
Turkey 3mth quarterly jobless average fell from previous 14.1% to 13% in April
Turkey 3mth quarterly jobless average fell from previous 14.1% to 13% in April
...
Forex News 4 days ago
USD/TRY navigates near daily lows around 5.70
USD/TRY navigates near daily lows around 5.70
USD/TRY met initial support in the 5.69 region. Turkish markets are closed due to Democracy Day holiday. Agency Fitch cut domestic...
Forex News 4 days ago
Turkish Lira under pressure after Fitch's downgrades Turkey to junk – Danske Bank
Turkish Lira under pressure after Fitch's downgrades Turkey to junk – Danske Bank
Analysts at Danske Bank note that the Turkish sovereign rating downgrade by Fitch Ratings keeps the Lira pressured. Key Quotes: &ldqu...
Forex News 5 days ago
USD/TRY: Mildly bid around 5.73 as Turkey’s President Erdogan pledges to lower interest rates
USD/TRY: Mildly bid around 5.73 as Turkey’s President Erdogan pledges to lower interest rates
Turkey’s President Recep Tayyip Erdogan pledged interest rate cuts to achieve the inflation target. The US-Turkey relations re...
Forex News 5 days ago
TRY comes under pressure as markets wait for WH presser on S-400
TRY comes under pressure as markets wait for WH presser on S-400
Earlier today, Russia’s Federal Service for Military-Technical Cooperation confirmed that it had started delivering the S-400 mis...
Forex News 1 weeks ago (07-12)
Turkey Industrial Production (YoY) registered at -1.3% above expectations (-2.5%) in May
Turkey Industrial Production (YoY) registered at -1.3% above expectations (-2.5%) in May
...
Forex News 1 weeks ago (07-12)
Turkey Current Account Balance came in at $0.151B below forecasts ($0.3B) in May
Turkey Current Account Balance came in at $0.151B below forecasts ($0.3B) in May
...
Forex News 1 weeks ago (07-11)
USD/TRY meets resistance around the 21-day SMA above 5.75
USD/TRY meets resistance around the 21-day SMA above 5.75
USD/TRY faces some consolidation around 5.75 today. TRY retakes some ground after Monday’s sell-off. Powell’s testimony...
Forex News 1 weeks ago (07-10)
Turkey's Erdogan: You will see soon what shape interest rate policy will take
Turkey's Erdogan: You will see soon what shape interest rate policy will take
Turkish President Erdoğan crossed the wires in the last minutes, explaining that he dismissed Central Bank Governor Çetinkaya be...
Forex News 1 weeks ago (07-10)
Turkey’s Pres. Erdogan: If central bank is not completely revised, serious problems could be faced - Haberturk
Turkey’s Pres. Erdogan: If central bank is not completely revised, serious problems could be faced - Haberturk
Turkish President Erdogan was on the wires now, via Haberturk, noting that serious problems could be faced If the central bank is not c...
Forex News 1 weeks ago (07-10)
USD/TRY drops below 5.70, daily lows
USD/TRY drops below 5.70, daily lows
USD/TRY dropped below 5.70, clinching fresh daily lows. The Lira regains some poise after Monday’s sell-off. Attention remain...
Forex News 1 weeks ago (07-09)
Turkey: Chaotic economic situation - TDS
Turkey: Chaotic economic situation - TDS
Cristian Maggio, head of emerging markets strategy at TD Securities, suggests that the sacking of CBRT Governor Cetinkaya and appointme...
Forex News 1 weeks ago (07-09)
USD/TRY fades the spike to the 5.80 region, remains firm
USD/TRY fades the spike to the 5.80 region, remains firm
USD/TRY clinched 2-week highs near 5.80 earlier in the day. Erdogan appointed M.Uysal as new CBRT Governor. Unease among investors...
Forex News 2 weeks ago (07-08)
The end of independent monetary policy in Turkey? - Rabobank
The end of independent monetary policy in Turkey? - Rabobank
The Rabobank Research Team raises questions on the Turkish central bank’s independence following the dismissal of Governor Cetink...
Forex News 2 weeks ago (07-08)
Forex Today: USD looking strong, Turkish lira plunges, new trade tensions arise
Forex Today: USD looking strong, Turkish lira plunges, new trade tensions arise
The US dollar has been consolidating its significant gains after Friday's upbeat jobs report. The Turkish lira is plunging after...
Forex News 2 weeks ago (07-08)
USD/TRY: Turkish Lira slips as Erdogan sacks central bank governor
USD/TRY: Turkish Lira slips as Erdogan sacks central bank governor
TRY is being offered on concerns over central bank’s independence.  President Erdogan sacked central bank’s governo...
Forex News 2 weeks ago (07-08)
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