Lira fills in holes. Forecast as of 21.07.2023
Turkey's switch from unorthodox economic control methods to market ones is worth praising, but progress will require more time. The USDTRY will grow until real bond yields turn positive. Let’s discuss it and make a trading plan. Quarterly fundamental forecast for lira The world watched the Turkish lira sink due to Recep Erdoğan's eccentric policy in 2022. In 2023, all wonder how the new central bank governor will fill in the holes. There's much work to do, and a smallest mistake can speed up the USDTRY's uptrend. After the Central Bank of Turkey raised the rate by 650 points in... Read full author’s opinion and review in blog of #LiteFinance
Turkey's switch from unorthodox economic control methods to market ones is worth praising, but progress will require more time. The USDTRY will grow until real bond yields turn positive. Let’s discuss it and make a trading plan.
Quarterly fundamental forecast for lira
The world watched the Turkish lira sink due to Recep Erdoğan's eccentric policy in 2022. In 2023, all wonder how the new central bank governor will fill in the holes. There's much work to do, and a smallest mistake can speed up the USDTRY's uptrend.
After the Central Bank of Turkey raised the rate by 650 points in... Read full author’s opinion and review in blog of #LiteFinance
