The US Dollar Muscles Higher as Turkey Melts Down - forex leaning place

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    Saturday, 11 August 2018

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    The US Dollar Muscles Higher as Turkey Melts Down

    The US dollar has surged. The main impetus comes from the dramatic slide in the Turkish lira. After moving above TRY5.0 yesterday, it reached TRY6.30 today before stabilizing a little below TRY6.0 as the European morning progressed. The trigger seemed to be the lack of credibility of the...


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