"Buy the rumor - sell the fact" action for USD/TRY
During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
Forex News
Key information updates for profitable trading
The US-China trade war escalates
More tariffs were introduced
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review ...
Futures head south after China data points to decelerating retail sales
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Italian budget fears suppress stocks
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
Asian stocks head south to three-and-a-half month minimum
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
Wall Street is braced for a low start
On Monday, Wall Street pointed to a steep dive at the open because the trade conflict between China and America took a steep turn for the worse…
Stock futures head south in Asia
On Monday, stock futures found themselves in Asia due to the fact a standoff in China-US trade negotiations affected risk appetite, backing safe harbors, in particular the Japanese yen along with sovereign bonds…
Global stocks rally on trade deal hopes
On Friday, global shares surged because traders held out expectations for a trade agreement between China and America, even as another round of American levies on China’s exports came into effect…
European stocks decline in the face of trade tensions
On Thursday, European stocks headed south broadly due to the fact market participants had risky assets shunned, while willing to see whether China and America manage to dodge a trade conflict that would damage the world economy…
