Twitter feed for Peregrine & Black FX. Providing FX dealing and hedging for clients around the world esp in EM and SSA markets. RT's are not endorsements
Bond traders are starting to price in the possibility of Italy leaving the euro zone. https://t.co/JvC3eRWzwO The rise in 2-year Italian yields has been swift and fierce.
Back from the long weekend and GBP is still getting hammered against USD. Now at 1.3214 and looking at testing into 1.31. EUR also having a hard time against USD at 1.1530
Not a good day for TRY (Turkish Lira) which has gone into meltdown. Currently 2.2% down today against USD and 17% down YTD as Central Bank struggles with double digit inflation