Hadley Gamble, CNBC correspondent, says the incursion could sour relations between Turkey and Russia.» Read More
Doves are out in Australia and the euro's getting a lift - it's time for your daily FX Fix.
Strong medicine for Greece will jumpstart aid plans and currency investors' fears will ease, one strategist says.
Bank of England governors warn of weakness, and everybody is waiting for Bernanke — it's time for your FX Fix.
On Friday’s Money In Motion, I had two trades that I liked for this week. Here's what to do with them now.
Recep Tayyip Erdogan's AKP won a comfortable majority in the Turkish elections, but the Prime Minister's desire to change the constitution could distract the new government from managing an overheating economy, analysts told CNBC.com.
Turkish citizens went to vote Sunday in an election with a lot at stake.
Turkey's economy has been on a tear, but this election may mark a turning point for the lira. Here's how to trade it.
While its stock exchange was a shining performer last year, Turkey is now facing the reality of an unorthodox monetary policy that is failing to gain traction. It comes ahead of an important election on June 12, and raises some serious concerns among foreign investors as to whether the world’s 17th biggest economy is overheating.
On paper Kemal Dervis would seem to be the perfect candidate to succeed Dominique Strauss-Kahn as leader of the International Monetary Fund. The New York Times reports.
On the latest Money In Motion show, I proposed a dollar-Turkish lira trade. Here's an update.
Turkey is growing fast, as is inflation there- and that's all good for the Turkish lira, these traders say.
Just because a country's inflation picks up doesn't mean interest rates are about to rise as well - but currency investors can still make money. Here's how.
After appearing on "The Strategy Session" on Thursday, Judah Kraushaar, managing partner of Roaring Brook Capital, a hedge fund focused on U.S. mid-cap companies, continued the discussion off-air with David Faber, about what could hold back emerging markets.
The strategist known for coining 'BRICs' shares his insight for the next batch of "growing economies" in 2011.
London-based beverage company Diageo is in preliminary discussions to acquire Turkish spirits maker Mey Icki which would expand its market share in the developing world, according to a report that appeared in the Wall Street Journal Thursday.
For decades, Turkey has been told it was not ready to join the European Union — that it was too backward economically to qualify for membership in the now 27-nation club. That argument may no longer hold. The NYT reports.
The Israeli-Turkish alliance so abruptly shattered in the past few days may have been born of military necessity, but it was still real.
With one action, Turkey now appears to be the defender of the Palestinians in Gaza, usurping the role that Iran has been trying to claim. Israel was trying to keep control of Gaza and will claim they were provoked and attacked first.
The U.S. dollar's strength appears to be waning as the focus turns from Europe's debt worries to China's possible appreciation of its currency, Chris Zwermann, global strategist and technical analyst at Zwermann Financial said Tuesday.
The risk of default for Greek debt is priced much higher than that of Eastern European countries like Romania or Turkey. But Greece is rated investment grade while the two Black Sea countries are rated below investment grade.