Monday, 20 December 2021

Turkish Lira Eyes Best Week in 40 Years, USD/TRY Rapidly Sinks in Illiquid Conditions

The Turkish Lira suddenly soared over 15% against the US Dollar in the aftermath of President Erdogan’s measures to support the currency. TRY is aiming for the best week in 40 years.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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