Talking Points: – The US-Turkey diplomatic fallout continues to weigh on the Turkish Lira, with USD/TRY hitting 7.00 earlier today before settling. – If the crisis moves beyond Turkey and turns into a full blown […]
Fundamental Forecast for EUR/USD: Bearish – With the Turkish Lira in freefall, contagion hit European financial markets as investors questioned whether European banks’ exposure to Turkey could provoke another financial crisis in the region. – […]
Fundamental Forecast for Japanese Yen: Bullish Fresh developments coming out of the U.S. economy have done little to influence the near-term outlook for USD/JPY even as the data prints put pressure on the Federal Open […]
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