ECB’s de Cos: No interest rate increase expected in 2022

European Central Bank (ECB) Governing Council member and Spanish central bank chief Pablo Hernandez de Cos said Thursday that he doesn’t expect any interest rate hike this year.

 

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USD/TRY: Lira remains on the defensive around 13.50 ahead of CBRT rate decision

USD/TRY is maintaining its prison range around 13.50 so far this week, awaiting a clear directional impetus from the Turkish central bank’s (CBRT) mon
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GBP/USD clings to gains near 1.3630 area, UK political turmoil caps the upside

The GBP/USD pair maintained its bid tone through the first half of the European session and was last seen trading just a few pips below the daily high
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