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At multi year and all time low

TURKISH LIRA

Turkish can't seem to catch a break, with EU sanction risk weighing, Real inflation and reserves concerns, sees the TRY under performing the most in EM versus the Rand down 0.86%.

  • TRYZAR is through the 24/09/18 low, and further momentum should see a test at the 30/08/18 low situated at 2.1387.
  • USDTRY eye a test at the ALL time high 7.5145 once again.

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