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BlueStar
Jan 19, 2017 3:36 AM

%7 jumping chance in 15 days in USDTRY Long

U.S. Dollar/Turkish New LiraFXCM

Description

Watch for 24 JAN and 27 JAN there can be huge jump after CB and Fitch decides

Comment

CB announced increase of interest rate but lower than expected @25JAN

Comment

Fitch decreased Turkey's credit note @27JAN

Comment

S&P also changed it's view to about Turkish economy to negative @27JAN (this was surprise)
Comments
BlueStar
not even close :)
SenaSenkal
do you have any idea about whether cb increase or decrease interest rates ? cause I'm seeing a decrease in usdtry if cb increase interest rates. so, should we wait the cb decision to get a buy position ?
BlueStar
@SenaSenkal, I personally expect no change in interest rates. so if it doesn't change it means a good time for buy position if they increase rate so it can be risky to keep long position
SenaSenkal
@BlueStar, Thank you :)
akonvx
Thanks bluestar. 24 jan very important
BlueStar
@akonvx, you are welcome :)
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