TRY appears oversold, looks to politics – Danske Bank

Senior Strategist at Danske Bank Vladimir Miklashevsky gives his views on the Turkish Lira. Key Quotes “The USD/TRY hit another all-time high yesterday, posting 4.50 as Recep Tayyip Erdoğan was meeting Turkish central bank’s (the TCMB) governor. Markets became even more confused following Erdoğan’s interview to Bloomberg on Tuesday, as he stated that he plans […]

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