Busy day for central banks

By Craig Erlam A plethora of central bank meetings and the maintenance completion of Nord Stream 1 have guaranteed another frantic session in financial markets on Thursday. The resumption of gas flows


Turkish Lira continues to tumble

The Turkish lira continued to tumble this week, following the shock replacement of the central bank governor, the fourth in less than two years, losing close to 10% of its value compared


Turkish Lira plunge felt in Japan

By Hussein Sayed, Chief Market Strategist at FXTM Turkey has returned to financial market headlines following President Erdogan’s decision to fire the country’s hawkish central bank head on Saturday. The Turkish Lira


Turkish Lira crashes to lowest point

The Turkish Lira hit an unprecedented low against the euro during the week with ECB reporting a closing price of one euro to 8.90 Turkish Lira while trading platform xe.com recorded a