If you get involved in provocative acts, saying ‘foreign currencies will strengthen, this will happen, that will happen’, you will pay a very heavy price - Erdogan
TRY
Fundamental Quant Score +60
USD
Fundamental Quant Score -4
TRY
Fundamental Quant Score +60
USD
Fundamental Quant Score -4
- Investors seek reforms, fear populism
- Lira initially weakened 2.5 percent
- Shares rise 1 percent (Updates lira, adds London swap rates, dollar bonds)
Note
Made a typo mistake on the chart "AUD +21 is meant to say (TRY: +60 STRONG)"Note
Some positive USD news suggesting bullish employment numbers in the US, this could have a long impact on USD in the short term. However, as the FOMC announced earlier in the month they have no intentions of interest rate hikes which caused a huge drop in USD value as investor money fled the country.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.