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USDTRY, W
USDTRY: In a swinging mood but year end target didn't change

USDTRY is entering into a seasonal period where the country will host a lot of tourist. That is why, despite the lowering of the interest rate, TRY may not jump very high above 2.15 unless there is a geopolitical situation against Turkey or a suprise in the Presidential Election. At then end of August and with the end of the touristic season, TRY may start again ...

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