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Despite a 300bp hike the Turkish Lira is.....>

TURKEY
TURKEY: Despite a 300bp hike the Turkish Lira is under renewed pressure against
the USD in early Europe, rate jumps from Try4.5583 to Try4.6931 in the space of
an hour and remains at the bottom of the EM table. Next resistance at Try4.7334
(50% Try4.9253-4.5415). 

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