I have really never seen this before so maybe you guys can shed some light on it. The price made a sudden dip to the 16.5 level and then went right back up to the median price. When i zoomed the chart out i could see that it dipped right to a key support area so could Turkey's central back have done this? As you all may know, the Turkish Lira has shot up due to Turkey's sky high inflation of 88%. The president (who actually controls the central bank directly) is adamant about lowering interest rates even more, even while his country is experiencing rocket high inflation.
shhh that was just a dream there is nothing like this on the real chart
Silver-Bull
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They don't increase the interest rates, nevertheless they have been decreasing it since November, 2021. They think you would control the currency rates by selling dollars only.