Turkish Lira Turnaround On the Table, Technical Analyst Says

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By Hernandez in Business
Updated 3 years ago

- But Fed decision, CBRT policy key to TRY outlook. The Turkish Lira outperformed developed and emerging market counterparts on Tuesday despite widespread U.S. Dollar strength and could now be on the cusp of a more durable turnaround against the both the greenback and European single currency, according to technical analysts at Commerzbank.

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