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As the economy relies on foreign cash looking to earn short term profits on higher interest rates, any global headwinds and the subsequent risk off environment can lead to massive depreciations of the Lira.
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E-Mail Please enter valid email. The upshot has been a pronounced weak dollar trend with the European bloc of currencies outperforming.
Yet, the picture has changed of late; the dollar has started to rally. European sovereign risk has reemerged, uncertainty around the end of QE-2 and a softening in global growth data now loom large in the minds of market participants. Despite many events been binary in outcome in the coming months, we still outline our favorite trades for the summer months and beyond. To view full report please click here. Deutsche Bank Group Contact.
Home Foreign Exchange dbFX. Benefits of Forex Trading with Deutsche Bank: Tight spreads from as low as 1. Quality execution in all market conditions.
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