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Dollar wins the Turkish lira

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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Monday, 18 Jul, 2016 / 7:36

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

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