Dollar wins the Turkish lira

Monday, 18/07/2016 | 07:36 GMT-0

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Weekly synopsis

Dollar won the Turkish lira amid the Japanese yen having traded higher as the safe haven currency. The greenback traded at 3.0137 against the lira, rising 4.73%. Military segments took control over bridges in Istanbul, as well as having attacked Ankara's parliamentary buildings.

U.S. dollar and yen trade 0.47% lower

The USD/JPY traded to 104.88, 0.47% lower. The better economic reports led the dollar to rise. The retail sales in the U.S. appreciated 0.6% for the month of June.

Furthermore, following BOE's chief economist, Andy Haldane, statement that the bank will likely be easing monetary policy, the GBP/USD traded at 1.3181, declining 1.2%.

The EUR/JPY reached the 115.74, falling 1.22%, and the EUR/USD approached the 1.1029 zone, decelerating 0.83%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/weekly/dollar-wins-the-turkish-lira

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