Free Trial

TRY slumps, prompting fresh highs in...>

TURKISH LIRA
TURKISH LIRA: TRY slumps, prompting fresh highs in USD/TRY, as inflation flies
well above forecast. USD/TRY briefly touched Try4.6812 before finding resistance
ahead of the 50% fib level for the Try4.9253-4.4482 move at Try4.6868. That
level remains the first target before the mid-June high of Try4.7758.

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.