FOREX TradingCharts.com

Forex News: Turkish Lira At More Than 2-week High Vs

Turkish Lira At More Than 2-week High Vs U.S. Dollar After Turkey Rate Hike

09/13/2018 - 08:51:00 (RTTNews)

(RTTNews) - The Turkish Lira firmed against the U.S. dollar in the European session on Thursday, reversing its early losses, after Turkey's central bank hiked interest rates to curb inflation.

The Monetary Policy Committee, led by Governor Murat Cetinkaya, raised the one-week repo auction rate to 24 percent from 17.75 percent.

Economists had expected the rate to be raised to 20.75-22 percent.

The Lira spiked up to more than a 2-week high of 6.01 against the greenback, up from a 6-day low of 6.55 hit early in the session. On the upside, 3.9 is seen as the next resistance for the Lira.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


Dollar Little Changed Ahead Of Data Deluge (22 min(s), 16 sec(s) ago)
(RTTNews) - The dollar is turning in a mixed performance against its major rivals Wednesday aftern ...Full Story»

Pound Weakens As May To Reject Barnier's Irish Border Offer (06 hr(s), 13 min(s), 16 sec(s) ago)
(RTTNews) - The pound declined against its major counterparts in the European session on Wednesday ...Full Story»

Pound Climbs As U.K. Inflation Improves To 7-Month High (09 hr(s), 13 min(s), 16 sec(s) ago)
(RTTNews) - The pound spiked up against its major counterparts in the early European session on We ...Full Story»

Euro Little Changed After Eurozone Construction Output (10 hr(s), 10 min(s), 16 sec(s) ago)
(RTTNews) - Following the release of Eurozone construction output for July at 5.00 am ET Wednesday ...Full Story»

Euro Advances Vs Most Majors Ahead Of Eurozone Construction Output (10 hr(s), 19 min(s), 16 sec(s) ago)
(RTTNews) - At 5.00 am ET Wednesday, Eurostat releases euro area construction output figures for J ...Full Story»

Pound Strengthens After U.K. CPI, PPI (10 hr(s), 40 min(s), 16 sec(s) ago)
(RTTNews) - At 4.30 am ET Wednesday, the Office for National Statistics has released UK consumer a ...Full Story»

Pound Rises Vs Most Majors Ahead Of U.K. CPI, PPI (10 hr(s), 46 min(s), 15 sec(s) ago)
(RTTNews) - At 4.30 am ET Wednesday, the Office for National Statistics is scheduled to issue UK c ...Full Story»

Dollar Little Changed On Light Data Day (19 min(s), 16 sec(s) ago)
(RTTNews) - The dollar is up slightly against its major rival Tuesday afternoon, after recovering ...Full Story»

Search

FOREX NEWS

Dollar Little Changed Ahead Of Data Deluge

09/19/2018 - 14:51 PM (RTTNews)
(RTTNews) - The dollar is turning in a mixed performance against its major rivals Wednesday aftern ...Full Story>>

Pound Weakens As May To Reject Barnier's Irish Border Offer

09/19/2018 - 09:02 AM (RTTNews)
(RTTNews) - The pound declined against its major counterparts in the European session on Wednesday ...Full Story>>

Pound Climbs As U.K. Inflation Improves To 7-Month High

09/19/2018 - 06:02 AM (RTTNews)
(RTTNews) - The pound spiked up against its major counterparts in the early European session on We ...Full Story>>

Euro Little Changed After Eurozone Construction Output

09/19/2018 - 05:03 AM (RTTNews)
(RTTNews) - Following the release of Eurozone construction output for July at 5.00 am ET Wednesday ...Full Story>>

Euro Advances Vs Most Majors Ahead Of Eurozone Construction Output

09/19/2018 - 04:55 AM (RTTNews)
(RTTNews) - At 5.00 am ET Wednesday, Eurostat releases euro area construction output figures for J ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.