JasonLeighton

USDTRY - Did Turkey's Central Bank do this?

FOREXCOM:USDTRY   דולר אמריקאי / לירה טורקית
I have really never seen this before so maybe you guys can shed some light on it. The price made a sudden dip to the 16.5 level and then went right back up to the median price. When i zoomed the chart out i could see that it dipped right to a key support area so could Turkey's central back have done this? As you all may know, the Turkish Lira has shot up due to Turkey's sky high inflation of 88%. The president (who actually controls the central bank directly) is adamant about lowering interest rates even more, even while his country is experiencing rocket high inflation.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.