Turkish Lira Analysis The Turkish lira continues to plummet – reached an all-time high of 7.10 in August of 2018 the decline was being driven by the downgrade of Turkey’s currency by credit rating agencies S&P and Moody’s late Friday, this step could also prompt a similar downgrade to Turkey’s banksTurkey’s central bank on Monday revised its reserve ratio…
Turkish Lira Analysis The Turkish lira continues to plummetTurkey’s central bank on Monday revised its reserve ratio to free foreign currency of commercial banks in order to support the plunging currency, but it was not as successful as it can be seenThe Turkish lira weakened against the dollar by more than 2% to a level of 5.27 per dollar. Last…
Turkish Lira Analysis Last 3 months we saw an audiovisual show of the Turkish Lira, mention here not once that Turkish lira located in Dance of demons The Turkish Lira has made an incredible move of almost a penny in one month, reached a level of 4.99 against the dollar – almost touched a rate of 5 but since then its recovers to 4.54, now I’m…
Turkish Lira price analysis After election results The Turkish Lira reacted by strengthening more than 1% with the results. On the last trading day, the Turkish Lira traded at a rate of 4.6680 + _ when it opened the trading session with Gap Down and strengthened to a level of 4.5870 after Turkish President Recep Tayyip Erdogan has won tightly contested…
Turkish Lira Analysis last week we saw an audiovisual show of the Turkish Lira, I told you that day that It was probably the day of change …. and I was right The Turkish Lira has made an incredible move of almost a penny in one month, reached a level of 4.93 against the dollar – almost touched a rate…
Turkish Lira Analysis Yesterday we saw an audiovisual show of the Turkish Lira, It was probably the day of change ….Such a gesture suggests something big – 20% weaker in a month – does not seem like thatThe Turkish Lira has made an incredible move of almost a penny in one monthYesterday the Turkish lira broke all records of all…
Turkish lira Analysis Forecast I was wrong in my assessments of the Turkish lira – I mean the maximum area of 4.18-4.22 and the Turkish pound easily bypassed it due to the tension in the Middle East and the strengthening of the dollar in the worldThe Turkish lira dived and reached a peak today all the low against the dollar…
Turkish lira Analysis News When the blood flows through the streets, it is time to check the arteries and veins The Turkish lira collapses to an all-time high – we have seen it over the years – until when? Turkey’s lira sank to fresh record lows against the dollar today Turkish lira hit an all-time low of 4.1520 against the…
Turkish lira analysis forecast A lot happens with Turkish lira last month, Turkish lira weakness against us dollar to a new record above 4 and drop at the end of the month – last day to 3.96+_ below 4, the economy is vulnerable to external shocks since it relies on foreign capital inflows to finance its current account deficit.Erdogan has clearly…
Turkish lira price analysis forecast Last February I posted an update on The Turkish lira who’s traded almost 3 months between 3.85+_ to 3.73+_ boundary price after last year we saw in November new record and Turkish lira almost touch 4 against the dollar, this week Turkish lira break up above 3.90 for the first time since then,Turkish lira also hit…