CBRT injects 21 billion Lira in repo, Lira keeps losses

Turkey's Central Bank (CBRT) announced on Tuesday that it injected 21 billion Lira in repo, bids 41.86 bln Lira.

The Turkish Lira came under fresh selling pressure and pushed the USD/TRY pair to fresh daily tops of 5.7982 before reversing sharply below the 5.7850 level.

Jun 11, 2019

BoE's Saunders: UK could see more rate hikes if Brexit is smooth

The BoE MPC member, Michael Saunders was out with some comments in the last hour and said that the UK could see more rate hikes if Brexit is smooth. T

USD/JPY technical analysis: Subsequent up-move is likely to remain capped near 109.00 handle

Meanwhile, technical indicators on hourly charts managed to hold with a mild positive bias but are yet to catch up with the recent up-move on the dail