FX:USDTRY   U.S. Dollar/Turkish New Lira
191 4 3
I expect FOMC statement to be interpreted as hawkish by market.
Trade closed: stop reached
Turkey is a risky country because of ISIS suicede bombers. Thats why tourism will damage economy. There will be no tourists and there will be no Dollar. Thats why Dollar targets 3.85 in Turkey next 6 months.
Reply
burakpadir DavidSayli
Isis is a risk for whole world not just Turkey.
However i support your target price(usdtry) since GDP loss increases every year but tourism is just a peanut beside industrial unbalance on import&export.

Regards
Reply
fulowa PRO DavidSayli
Agreed, a lot of factors working against TRY. ISIS, slowing world trade, contagion from China, a lot of corporate USD debt, etc... Thanks and gl.
Reply
http://www.zerohedge.com/news/2016-01-27/market-reaction-not-dovish-enough-statement-disappointment
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out