Free Trial

Despite TRY staging a recovery to......>

TURKISH LIRA
TURKISH LIRA: Despite TRY staging a recovery to Try5.5711 following the central
bank's pledge to maintain price stability, renewed selling pressure in early
Europe was quick to pare gains with USDTRY extending to Try5.7302. Expect price
volatility to continue with near-term resistance seen at Try5.7402 from the
61.8% retracement of Try5.8448-5.5711. Last Try5.6812. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.