Daily Archives: November 21, 2017

Turkish lira weakened to a new record low, will we see intervention from turkey government

Turkish lira technical analysis update  The Turkish lira weakened to a record low of 3.9789 against the dollar today, extending losses driven by concerns about Ankara’s strained relations with the United States, inflation risks and monetary policy uncertainty. My scenario as you probably know and I said more than once that the trend is still in place and we expect…

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