FX:USDTRY   U.S. Dollar/Turkish New Lira
191 4 3
10 months ago
I expect FOMC statement to be interpreted as hawkish by market.
10 months ago
Trade closed: stop reached
DavidSayli
10 months ago
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.
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burakpadir DavidSayli
10 months ago
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
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fulowa DavidSayli
10 months ago
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.
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fulowa
10 months ago
http://www.zerohedge.com/news/2016-01-27/market-reaction-not-dovish-enough-statement-disappointment
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