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Turkish Lira Tumbles As Erdogan Blasts Interest Rates Are "Mother Of All Evils"

Having bounced off record lows earlier in the week, the Turkish Lira is re-tumbling following President Erdogan's comments that interest rates are "the mother and father of all evil" and that T.....»»

Category: blogSource: zerohedgeMay 11th, 2018

Turkish Lira Tumbles To Record Low After Erdogan Promise To "Rescue Investors From High Rates"

The Turkish Lira accelerated its recent demise today - breaking below two critical thresh.....»»

Category: blogSource: zerohedgeApr 9th, 2018

Market Extra: As election looms, Turkish lira feels more pain after Fed rate hike

Turkey’s lira weakened against developed-market rivals Wednesday, after the U.S. Federal Reserve raised interest rates and worries about Turkey’s political future ahead of the June 24 snap election took hold of financial markets......»»

Category: topSource: marketwatchJun 14th, 2018

The Turkish lira is rallying after its central bank hiked rates to 17.75%

AP Photo/Kayhan Ozer Presidential Press Service, vi.....»»

Category: topSource: businessinsiderJun 7th, 2018

Turkish lira hits record low

Turkey is trying desperately to halt a collapse in its currency that could trigger an economic crisis just as the country prepares to vote in an election......»»

Category: videoSource: cnnMay 24th, 2018

Turkish central bank raises key rate and helps lift currency

Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month......»»

Category: topSource: foxnewsMay 23rd, 2018

Emergency rate hike helps Turkish currency recoup losses

Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month......»»

Category: topSource: foxnewsMay 23rd, 2018

U.S. dollar retreats from record high versus Turkish lira

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 23rd, 2018

Turkish lira hits record low, down 20 pct against dollar this year

Turkey.....»»

Category: videoSource: reutersMay 23rd, 2018

Turkish currency hits record low amid Erdogan concerns

Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month......»»

Category: topSource: foxnewsMay 23rd, 2018

Dollar surges, Turkish lira plummets

The U.S. dollar rallied to a five-month high on Monday, and that contributed to driving the Turkish lira to a record low. Fred Katayama reports......»»

Category: videoSource: reutersMay 21st, 2018

EM FX Plunges: Argentine Peso Re-Crashes, Turkish Lira Tumbles To Record Low

Just hours after Fed Chair Jay Powell implied that 'emerging markets are on their own', EM FX is re-collapsing... with Argentina (despite a 1275bp rate hike) and Turkey both crashing to new record lows... "There is good reason to think that the norm.....»»

Category: blogSource: zerohedgeMay 8th, 2018

Euro on track for worst week in 19 months on ECB"s cautious stance

TOKYO (Reuters) - The euro on Friday was headed for its worst weekly loss in 19 months after a cautious European Central Bank signaled it will keep interest rates at record lows well into next year......»»

Category: topSource: reutersJun 15th, 2018

Euro heads for worst week in 19 months on ECB"s cautious stance

TOKYO (Reuters) - The euro was headed on Friday for its worst weekly loss in 19 months after a cautious European Central Bank signaled it will keep interest rates at record lows well into next year......»»

Category: topSource: reutersJun 14th, 2018

Nasdaq hits new closing high, S&P 500 gains after ECB decision, U.S. data

NEW YORK (Reuters) - The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising interest rates until mid-2019, and data showed U.S. economic strength......»»

Category: topSource: reutersJun 14th, 2018

The Fed just made life even worse for homebuyers

Rising interest rates are adding more pressure in a competitive market where buyers need to move quickly, bid high and make other concessions if they want a house.....»»

Category: topSource: moneycentralJun 14th, 2018

Turkish Lira Tumbles As Erdogan Threatens Moody"s With An "Operation"

While S&P faced being 'black-called' after daring to downgrade US sovereign rating in 2011, Moody's decision to (rightfully) downgrade Turkey to 'junk' (and warn on its banking system) has prompted a direct threat from.....»»

Category: blogSource: zerohedgeJun 14th, 2018

Futures Movers: Oil prices sink as traders fret over U.S. output growth

U.S. benchmark oil futures tap a two-week high, but fail to hold earlier gains as pressure from a jump in weekly U.S. production to a fresh record outweighs support from a hefty weekly decline in domestic crude stockpiles......»»

Category: topSource: marketwatchJun 14th, 2018

NASDAQ Composite (.IXIC) Stock futures lower after latest interest rate hike

NASDAQ Composite (.IXIC) Stock futures lower after latest interest rate hike U.S. stocks remained under pressure Thursday after the U.S. Federal Reserve moved, as expected, increasing interest rates by 25 basis point.....»»

Category: topSource: livetradingnewsJun 14th, 2018

The Fed just made life even worse for home buyers

Rising interest rates are adding more pressure in a competitive market where buyers need to move quickly, bid high and make other concessions if they want a house.....»»

Category: topSource: moneycentralJun 14th, 2018