Having entered the year predicting the greenback would decline, investors have been forced into a rethink by a red-hot US economy and sticky inflation requiring the Federal Reserve to hold off cutting interestRead More
Strategists see real interest rates turning positive soon The central bank has more than tripled the key rate since June Tweet on Turkish Lira Goldman Says Turkey Is ‘Back in the Game’ WithRead More
The euro slid back below parity with the U.S. dollar Monday, a clear sign of the diverging fortunes of the European and U.S. economies currently The euro fell as low as $0.9992 beforeRead More
Hyperinflation has arrived in Turkey! At least that’s the stance of the major foreign businesses like for Citigroup, Vodafone with operations in the country, for the purposes of financial reporting. Companies ranging fromRead More
USD v EU For the first time in 20 years! The exchange rate between the euro and the US dollar is nearly the same , two currencies are less than one cent awayRead More
