Monthly Archives: August 2018

Fear of Turkey contagion drives safe haven Yen strength

The fear of contagion is gripping financial markets once more and traders are moving out of risk and into safer haven areas once more. Whether the economic turmoil that is gripping in Turkey can be contained is key, but for now as the Turkish Lira plummets in value, traders are getting increasingly…

Euro to Remain Under Fire as Attention Stays on Turkey

The Euro may not have been the worst performing major currency, but it had a terrible end to last week as fresh concerns emerged on its eastern front. With the Turkish Lira in freefall, contagion hit European financial markets as investors questioned whether European banksÂ’ exposure to Turkey could…

www.000webhost.com