Turkish lira faces biggest weekly fall in two years amid political unrest

Currency markets whipsawed through a week dominated by President Trump’s dramatic Greenland gambit, which sparked a “Sell America” wave before his midweek about-face triggered sharp reversals across the board. The action kicked off with Trump’s weekend threats to slap 10% tariffs on eight NATO allies opposing his Greenland bid, sending the dollar tumbling and safe…

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Intraday Analysis 11.02.2026 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

The Week Ahead – Calm Before the Storm – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

The People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Friday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.  Market reaction to the PBoC interest rate decision At the time of writing, the AUD/USD is trading 0.08% lower on the day to trade at 0.7081. PBOC FAQs The primary…

By ForexTime  Mon, May 26th: US, UK markets closed Tue, May 27th: Positive signals out of Bitcoin 2025 conference may send Bitcoin to fresh record highs Wed, May 28th: Better-than-expected Nvidia earnings could boost US500 index above 6k Wed, May 28th: US dollar also sensitive to FOMC meeting minutes, Fed speak Fri, May 30th: Weaker…