USD/TRY: Lira extends decline, currency meltdown continues

TRY continues to tumble as faith erodes and Turkey's economy crumbles. Hyperinflation beginning to set in, every percentage rise in TRY raises borrowing costs for government another 5 billion Lira. The USD/TRY has driven higher in the overnight session, spiking to a high of 4.7960 ...

AUD/USD slips away from 0.76 as RBA Lowe’s speech looms

Aussie goes flat for Tuesday ahead of RBA head speech. Early data for Wednesday unlikely to drive much volatility. The AUD/USD traded mostly flat through Tuesday's session, lifting to a high of 0.7605 before bedding back down heading into the overnight session, currently trading nea ...

Peru stocks higher at close of trade; S&P Lima General up 0.03%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Mining, Electricity and Services sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.03%. The best performers of the session on the S&P Lima General were Atacocha (LM:ATB), which ...

Bitcoin Retreats Further as Fed’s Kashkari Says Crypto Industry a ‘Farce’

Investing.com – Bitcoin extended its selloff on Tuesday as negative sentiment on cryptocurrencies continued after a Fed official claimed the industry was becoming a “farce.” Bitcoin fell 3.85% to $8,091.2 on the Bitfinex exchange from a high of $8,431.2 The cryptocurrency industry has become a ...

Funda-FX wrap: N.Korea /US summit losing traction

The focus from a fundamental perspective of today's markets was firmly on trade tension relief.  Analysts at ANZ explained that China was announcing a reduction in automotive tariffs and the US working towards a deal to overturn the ZTE ban and will significantly cut auto import tariff ...

United States API Weekly Crude Oil Stock fell from previous 4.854M to -1.3M

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.65%

Investing.com – Mexico stocks were higher after the close on Tuesday, as gains in the Healthcare, Financial Services and Telecoms Services sectors led shares higher. At the close in Mexico, the S&P/BMV IPC added 0.65%. The best performers of the session on the S&P/BMV IPC were Gentera SAB ...

Brazil stocks higher at close of trade; Bovespa up 1.12%

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Real Estate, Financials and Consumption sectors led shares higher. At the close in Sao Paulo, the Bovespa gained 1.12%. The best performers of the session on the Bovespa were RUMO Logistica Operadora Multimodal SA ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.01%

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Healthcare, Financials and Telecoms sectors led shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.01% to hit a new 3-months high. The best performers of the session on the S&P/TSX ...