Turkish lira resumed decline on Monday despite the rate hike by Turkish CB to 24%, which seems to have been expected to raise costs for lira bearish positions, i.e. make them less profitable
In this post, we discuss what is going to happen to the Russian Ruble and where the European index is heading. We also analyze the future of cross rate of EUR/AUD.
We ponder whether we should rely on the newspaper headlines about Bitcoin soon to become a thing of the past, and see what’s going to happen with oil.
We discuss the direction of the single currency, and look at what might happen to the Swiss Franc!
Today we have an overview of three major currencies USD/JPY, EUR/GBP and EUR/USD.