Switzerland Trade Balance came in at 5479M, above forecasts (3892M) in May

Jun 20, 2023

USD/TRY: Struggles to defend Turkish Lira bears, focus on CBRT, Fed Powell’s Testimony

USD/TRY fade bullish bias as it seesaws around 23.60 heading into Tuesday’s European session. In doing so, the Turkish Lira (TRY) pair fails to refres

Switzerland Trade Balance came in at 5479M, above forecasts (3892M) in May

USD/TRY: Struggles to defend Turkish Lira bears, focus on CBRT, Fed Powell’s Testimony

Germany Producer Price Index (YoY) below expectations (1.7%) in May: Actual (1%)