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In April, as announced in the euro zone today, retail sales fell below expectations, while the country's service Purchasing Managers Index fell below expectations. When we look at the PMI figures from Germany, it was explained in parallel with the forecasts in general. After bad data from the region during the day, the pair retreated on the side. In Italy, on the other hand, while the coalition government formed by two parties known as populist rhetoric was expected to vote on confidence, the jo…
kahinistanbul's Blog
EURUSD overview
Yesterday, while intensive in terms of data flow, retail sales announced in Germany did not meet expectations on a monthly basis. In addition, the country's leading inflation figures were followed, while the monthly forecasts on the basis of good realization was seen here. On the other hand, in the reports of the Italian elections, the right-wing bloc, which won the election, said it could form a minority government, while di Maio, the leader of the 5 star movement, known for its opposition to t…
USDtry general analysis
The rebalancing of the dollar and the risk appetite for developing countries bring with it the rise in parity both in USD and TL. The parity has come mainly to important support and we have underlined this tiredness in our general TL comments. We continue to watch the channel as the trend is descending because it is early to say that the Fall is over. Main supports 3,7540 and 3,7300.