Sam_Eder

USDTRY - Volatility to remain high as confidence eroded

Long
FX:USDTRY   U.S. Dollar / Turkish Lira
Erdogan is bad news for the TRY. There is a total loss of confidence in government
and the spectre of hyperinflation is looming.

If you can't stand the volatility of the pair, stand down. There is no real resolution
in sight.

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