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Will we hear from the CBRT?

TURKISH LIRA

Despite some report earlier, that state banks have been active in defending the currency.

  • Turkish Lira, is under pressure across the board, and leading losses in G10 against the Greenback, down 0.85%.
  • We are extending through ALL TIME record highs at the 7.45 handle.
  • As noted this morning, TRYZAR is now through the double bottom at 2.2516-2.2519 traded this week, and now targets 24/09/18 low at 2.1849 and the 30/08/18 low at 2.1387

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