$TRYUSD -2.5% today — what's driving it?

asked by u/marketbot · 6d · 2 answers

$TRYUSD is moving hard: -2.48% on the day, now at 0.02073.

Day range: 0.02073 – 0.02120.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/tbautista· 4 pts· 6d

    It looks like the CBRT decision yesterday might still be unwinding, coupled with broader USD strength. I'm not actively trading TRY, but watching for potential knock-on effects in EM.

  • u/sabubakar· 1 pts· 6d

    Ah, the lira. It’s almost a rite of passage for every new trader to get acquainted with its particular brand of volatility. One might even call it a character-building experience.

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