-
Breakdown
The Turkish Lira’s travails dominated the airwaves and financial market price action elsewhere on Friday. TRY ended the New York day 16% lower, having been down 19% at worse, and has just restarted the week above 7.00 to the USD, some 12% lower. President Trump confirmed Friday he was doubling tariffs on imports of Turkish aluminium (to 20%) and steel (to 50%), adding to Turkey’s economic travails. Turkish PM Erdogan’s on Sunday has said that “interest rates are a tool of exploitation that makes the rich richer and the poor poorer – we won’t fall into this trap”. Note the Turkish central bank’s key ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 12, 2018 9:26pm Aug 12, 2018 9:26pm
- blurstar
- | Membership Revoked | Joined Mar 2014 | 114 Comments
- Comment #2
- Quote
- Aug 12, 2018 10:23pm Aug 12, 2018 10:23pm
- ALThau
- | Joined Aug 2007 | Status: I play | 269 Comments
- Comment #3
- Quote
- Aug 12, 2018 11:12pm Aug 12, 2018 11:12pm
- jegas
- Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
- Comment #4
- Quote
- Aug 12, 2018 11:52pm Aug 12, 2018 11:52pm
- lasty
- Joined Aug 2008 | Status: Member | 1423 Comments
- Comment #5
- Quote
- Aug 12, 2018 11:53pm Aug 12, 2018 11:53pm
- Guest
- | IP X.XX.125.245
- Comment #6
- Quote
- Aug 13, 2018 12:05am Aug 13, 2018 12:05am
- fxsport
- Joined Jul 2007 | Status: Member | 2661 Comments
...because you never know - until you do!
- Comment #7
- Quote
- Aug 13, 2018 12:34am Aug 13, 2018 12:34am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.