Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Trading Journals
Carry Trade : Simple
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="GazFx, post: 130770, member: 18628"] [B]COMMENT:[/B] Why I remain bullish on the Mexican Peso and Turkish Lira. [B]MEXICO [/B] [LIST] [*][I]FEB 9, 2017[/I]: target for overnight interbank rate raised 50 bps to 6.25% to anchor inflation expectations and prevent a lower exchange rate from spilling over to consumer prices and raising inflation even further. [*][I]Mar 30, 2017[/I]: target for overnight interbank rate raised 25 bps to 6.50% to anchor inflation expectations, ensure inflation converges to target, while taking into account higher US rates. [*][I]May 18, 2017[/I]: target for overnight interbank rate raised 25 bps to 6.75% as risks to inflation deteriorate moderately. [*][I]Jun 22, 2017[/I]: target for overnight interbank rate raised 25 bps to 7.00% follow the Federal Reserve's June rate hike but one member of the board voted to maintain the rate. [/LIST] [B]TURKEY[/B] [LIST] [*][I]Jan 24, 2017[/I]: overnight funding rate raised 75 bps to 9.25% and late liquidity lending rate raised 100 bps to 11% to contain deterioration in inflation outlook from lira depreciation. [*][I]Mar 6, 2017[/I]: late liqudity lending rate raised 75 bps to 11.75% to contain deterioration in inflation outlook. [*][I]Apr 26, 2017[/I]: late liquidity lending rate raised 50 bps to 12.25% to contain deterioration in inflation outlook. If needed, further monetary tightening will be delivered. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…