Turkey takes action , The FOMC’s dovish tone , Trade and EM concerns weigh.

https://pepperstone.com/en/forex-news/market-review
– FX Majors TRY and fightback led by the Yen
-Turkey raises rates sharply to support the Lira.
-FOMC minutes dovish? but rates are still likely to rise.
-Singapore GDP revised higher.
-Which EMs are most exposed to foreign debt?

The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden.

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