TRYHUF is performing stronger among the G10 currencies against the Turkish Lira, as Turkish trade deficit has widened, CBRT has led hawkish regimes on the Lira with interest rates currently at 17.75% attracting large investment capital on foreign exchange. Perhaps with this decision concurrent with a weakening of HUFUSD within the past couple of months has led to an over-performing TRYHUF. My bias is short in the month of July for this pair.
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