The Turkish lira fell to a new all-time low, as investors sold off the currency after President Erodgan threatened expulsion against the ambassadors of 10 countries, including the U.S. and Germany, for demanding he releases political prisoners.
Investors in the common currency and European benchmarks will have a week filled with data, but policy decisions by ECB President Lagarde could be the catalyst for volatility.
The European Central Bank meets today to decide whether or not to change the Euro interest rate and to provide guidance on the organization’s plans for quantitative easing. Will it continue its dovish monetary policies as Europe's economy recovers?
The Turkish lira fell sharply after President Erdogan made a surprise move and replaced the head of the country’s central bank on Saturday. What led to Agbal's removal despite his attempts to slow down inflation?
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