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4/1/2021 12:38:40 PM GMT | By Pablo Piovano USD/TRY adds to Wednesday’s losses near the 8.1200 level. CBRT official said there will be no premature rate cut. Speculations on an interest rate cut dominate the mood around TRY. The Turkish lira keeps the renewed buying interest unchanged and drags USD/TRY to the area of multi-day lows near 8.1200 on Thursday. USD/TRY met resistance near 8.50 USD/TRY sheds ground for the second consecutive session on Thurs...

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NZD/USD now moved into the 0.7115-0.7260 range, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday that the ‘recove

YANGON: Referring to the chaos in Myanmar as the “darkest moment” in the countrys history, the acting leader of Myanmar’s parallel civilian government said it will seek to give...

Toll in Myanmar crosses 80 Top Story March 16, 2021 YANGON: Referring to the chaos in Myanmar as the “darkest moment” in the country’s history, the acting leader of Myanmar’s parallel civilian government said it will seek to give people the legal right to defend themselves. The comments from the leader come after the death toll in protests against last month’s coup exceeded 80, according to an advocacy group. Mahn Win Khaing Than, who is on the run along with most senior officials f...

USD/CNH is likely to trade within the 6.4730-6.5360 range in the next weeks, assessed FX Strategists at UOB Group. Key Quotes 24-hour view: “Our expec

EUR/JPY advanced further north of the 130.00 mark and clinched new yearly tops in the 130.50 region earlier at the beginning of the week. While the cr

Bitcoin crosses $60,000 for the first time Business — AFP/File PARIS: Bitcoin saw a brief surge on Saturday as it went past $60,000 for the first time on the back of increased support from corporate heavyweights that has helped the worlds most popular cryptocurrency maintain its  record-shattering streak. The cryptocurrency hit an all-time high of $60,012 at 1149 GMT, according to the website CoinMarketCap. Bitcoin has been on a meteoric rise since March last year, when it stood at $5,000, ...

UOB Group’s FX Strategists noted USD/CNH is expected to trade within a consolidative range in the next weeks. Key Quotes 24-hour view: “We highlighted

The recovery in the Turkish lira faces some headwinds on Friday, as the renewed buying interest in the dollar lifted USD/TRY to 2-day highs near 7.620