EURTRY short idea
Updated
Turkey and America relations do not seem to be growing much in spite of this crisis. A crisis provoked by Trump as the US senatorial elections approach. The cause of this crisis does not seem to be a question of a pastor detained for acting as an agent for America. The evidence provided to the American state does not seem to please because the truth hurts and does not want to admit that this person is an American agent (no state would agree to confess, it is normal). This crisis seems to be rather blackmail against Turkey because it does not want to apply sanctions against Iran. Plus the economic war launched by Trump. There are several factors.
Turkey is questioned about the economy and has announced several changes and economic model. The market does not seem too convinced. However after a few days more than 4000 investors followed closely the conference made by the Minister of Finance.
Turkey has decided to give a lot more funds and help for entrepreneurs and investors. The country seems to want to give a lot more importance to high technologies. Imports will be reduced and exports will be increased. A very big investment from Qatar. Make a lot more savings.
A very likely interest rate increase in the near future that could give much more value to the Turkish lira. That's why my technical analysis is that way.
Money management.
Turkey is questioned about the economy and has announced several changes and economic model. The market does not seem too convinced. However after a few days more than 4000 investors followed closely the conference made by the Minister of Finance.
Turkey has decided to give a lot more funds and help for entrepreneurs and investors. The country seems to want to give a lot more importance to high technologies. Imports will be reduced and exports will be increased. A very big investment from Qatar. Make a lot more savings.
A very likely interest rate increase in the near future that could give much more value to the Turkish lira. That's why my technical analysis is that way.
Money management.
Note
In progress
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