Friday, January 23, 2015

ECB QE Enhances Carry Demand For TRY, BRL

The leading central banks diverge from the policy normalization as the global slowdown in inflation – or dangerously nearing deflation – push the policymakers away from any tightening in rates. In contrary, the surprise Canadian, Danish and Turkey rate cuts this week, the sharp dovish shift in the BoE combined



Continue Read...

0 comments:

Post a Comment

Site Search