Biden-Putin summit, Blinken-Lavrov talks favor hopes of a diplomatic solution to the Ukraine-Russia tussles.
The Turkish lira pair refreshed a five-week high early in the Asian session before taking a U-turn from $13.78. Other than the geopolitics, recently easy Fedspeak also weighs on the USD/TRY prices. That said, Chicago Fed President and FOMC member Charles Evans said on Friday that the current Fed policy had been "wrong-footed" in the face of high inflation, but may not need to become restrictive. On the other hand, New York Federal Reserve Bank President John Williams and the No.
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