On Wed (14th July) Turkish CB will announce one-week repo rate, which affects USDTRY and EURTRY very much.
It is known that Turkish Government is not very keen on high interest rates, despite its necessity. So another rate hike is not expected.
USDTRY is in a descending channel since 22 June, and if there is no more interest rate hikes, we can see an upward momentum to 8,68 first and then up to 8,90.
Please like and comment if you find this idea useful 👍
It is known that Turkish Government is not very keen on high interest rates, despite its necessity. So another rate hike is not expected.
USDTRY is in a descending channel since 22 June, and if there is no more interest rate hikes, we can see an upward momentum to 8,68 first and then up to 8,90.
Please like and comment if you find this idea useful 👍
交易進行
Turkish CB did not change the interest rate
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。