Forex

Turkey halts lending to more FX-rich firms to boost lira By Reuters

© Reuters. FILE PHOTO: Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration ISTANBUL (Reuters) - Turkey tightened lending rules for many companies with more than $500,000 in foreign...

Fed’s Evans: We will need to raise rates further and hold them for awhile

Exact stance of policy will depend on outlook and risksEconomic data has been mixedLabor market remains strongSeeing signs that some of the unusual strength in labor markets may be waningPersonal forecast is broadly...

USD/CAD is testing the weekly low in volatile trading

The Bank of Canada decision next Wednesday kicks off a blockbuster 10-day stretch of central bank decisions that will set the table for the remainder of the year.Ahead of that, the Canadian dollar...

Dollar falls against yen, markets suspect intervention By Reuters

© Reuters. Passersby are silhouetted as they walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan October 21, 2022 REUTERS/Issei Kato TOKYO...

Support and Resistance – Analytics & Forecasts – 21 October 2022

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or...

Baker Hughes US oil rigs +2 to 612

<ul><li>Oil rigs +2</li><li>Gas rigs flat</li><li>Total rigs +2</li></ul><p>There&apos;s still a huge shortage of drill pipe and companies are relucant to increase drilling beyond what&apos;s needed to keep production flat.</p> ...

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