USDTRY Rally Analysis. Where Will It Stop?

3 Ara 2021

Seems like Erdogan has no signs of slowing down on ruling Turkish Central bank. We all see what is it fraught with:



Check out my analysis on this situation here:
https://forexezy.com/usdtry-forecast-turkish-lira-double-punched

Despite a bullish view on USDTRY pair, I (like many others) wonder when will this end? Please, share your thoughts in comments bellow

8 Ara 2021

İşlem aktif

I had no doubts)

Erdogan Urges Central Bank to Keep Going on Interest Rate Cuts

“We certainly don’t believe in high interest rates. We will pull down inflation and exchange rates with low-rate policy,” said Erdogan. “High rates make the rich richer, the poor poorer. We won’t let that happen.”

AHAHAHAHA

bloomberg.com/news/articles/2021-12-08/erdogan-urges-central-bank-to-keep-going-on-interest-rate-cuts?srnd=markets-vp