USDTRY new record high, EURGP pulls back after fresh 2023 low. WTI Crude falls.
MarketsFN Team
•1 min read
Turkish Lira remain under pressure despite Hafize Gaye Erkan, a new central bank governor had been appointed to resolve to fix a very severe currency crisis. USD/TRY trades at 23.63. It traded at 5 on back 2018.
EUR/GBP recovering after on Friday it made a 2023 low in area 0.8545.
US dollar gaining force during the American session, gaining 0.54% against the Pound, with GBP/USD at 1.2510.
Crude Oil WTI falling 2.98% at 68.08 $/barrel while Nasdaq is keeping its relative strength against other gauges as it is up 0.58% at 13,336.4 while DJIA is unchanged. S&P500 up 0.23% at 4,308.81. XAU/USD weak at 1,972.2 $/oz but off its intraday lows.
