Brazil IPCA Inflation below expectations (0.63%) in April: Actual (0.57%)

May 10, 2019

USD/TRY recedes from 2019 highs, tests the 6.05 area

Finally some respite for the Turkish Lira, which is now dragging USD/TRY to fresh lows in the 6.05 area, coincident with the 10-day SMA. USD/TRY focus

Brazil IPCA Inflation below expectations (0.63%) in April: Actual (0.57%)

USD/TRY recedes from 2019 highs, tests the 6.05 area

India Industrial Output registered at 0.1%, below expectations (1.3%) in March