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USD/TRY Buoyed by $ Buying & Possible Week-End Profit-Taking

TURKEY
  • USD/TRY on a bit of a tear higher having touched 7.4117 resistance
  • No local headlines so may just be a bit of tentative profit-taking after failing to fully breach the 200dma
  • Also broad based $ buying
  • Next res above at 7.4679
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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